Rocketing power prices is one inevitable consequence of the so-called ‘inevitable’ wind and solar transition. Germans know it, so do Californians, South Australians and Danes. Brits are learning fast, too. Of course, the propaganda units that run cover for renewable energy rent seekers pretend otherwise. Francis Menton wades through their dross to reveal what Europe’s … Continue reading Power Prices: With Wind & Solar Obsession – The Only Way Is Up and Up and Up
Tag: power prices europe
Nuclear Power: Perfect Cure For Wind & Solar Driven Pricing & Supply Calamity
Europe’s power market is in a diabolical mess: massive subsidies to intermittent wind and solar have undermined reliable and affordable power supplies, sending Germany and Denmark’s power prices through the roof (see above). Since Vladimir Putin's adventure in Ukraine, German power prices have rocketed, further still, recently hitting a record 40 US cents per kWh. … Continue reading Nuclear Power: Perfect Cure For Wind & Solar Driven Pricing & Supply Calamity
Why Wind Power Output Collapses Are Causing Europe’s Power Prices to Rocket
Rocketing power prices were inevitable once Europe decided to put all its energy eggs in the wind power basket. Europe has squandered billions on subsidies to construct tens of thousands of turbines both onshore and off - the Germans managed to spear more than 30,000 across their homeland and are paying a hefty price. By … Continue reading Why Wind Power Output Collapses Are Causing Europe’s Power Prices to Rocket
Europe Squanders €1.1 trillion on Wind & Solar: But Gets Only 4% of its Power from Sun & Wind
This piece was published last year, but the message is so stark it's well-worth revisiting. Despite spending €1,100,000,000,000 on large-scale wind and solar generation, the amount of power being actually delivered in return is risible: The actual measured output by 2014 from data supplied by the Renewables Industry has been 38 Gigawatts or 3.8% of Europe’s electricity … Continue reading Europe Squanders €1.1 trillion on Wind & Solar: But Gets Only 4% of its Power from Sun & Wind
Wind Power Alert: Americans Out to Avoid Europe’s Power Price Disaster
America has some perfect examples of what not to do, if it wants to remain an industrial and manufacturing power-house, with a standard of living that much of the World can only envy. South Australia has set the pace with spot prices that rocket in minutes from $70 per MWh to $2,000 to $4,000 and … Continue reading Wind Power Alert: Americans Out to Avoid Europe’s Power Price Disaster