**** Wind power outfits still make wild claims about these things running on the smell of an oily rag and lasting for 25 years or more, needing little more than a hug from time to time. However, the operations and maintenance cost of these things is around $25 per MWh - hardly the zero marginal … Continue reading Wind Power Investors Fleeced: Teenage Turbines Falling Apart in Donegal
Tag: returns from wind power investment
Europe Delivers Wind Industry Nothing But Doom & Gloom
And the trend continues.... WARNING: in considering the content of this post you may feel an overwhelming sense of schadenfreude. Gone with the wind: Nordic alternative energy turns stagnant Sputnik news 6 May 2016 Despite renewable energy sources being heavily hyped as a sustainable solution to humanity's growing energy problem, actual support for the green power … Continue reading Europe Delivers Wind Industry Nothing But Doom & Gloom
PSST! Want to Make a Small Fortune? Throw a Large One at Wind Turbines
FAIL: Busted Wind Turbines Give College Whopping Negative 99.14% Return On Investment Watts up with that? Anthony Watts 27 April 2016 From the “it’s OK, we used other people’s money” department and Andrew Follet at The Daily Caller: *** Lake Land College recently announced plans to tear down broken wind turbines on campus, after the … Continue reading PSST! Want to Make a Small Fortune? Throw a Large One at Wind Turbines
‘Follow the Money’: Hard-Hitting Danish Drama Documents Wind Industry Corruption, Australian Sequel Promised
STT has just gorged on two episodes of what is presented as well crafted drama, but which to STT followers will play out like a hard-hitting documentary. Australia’s SBS started screening ‘Follow the Money’ a couple of weeks ago, the plot-line for Episode 1 is described as follows: Mads, a police detective, is called out … Continue reading ‘Follow the Money’: Hard-Hitting Danish Drama Documents Wind Industry Corruption, Australian Sequel Promised
Bankers & Investors Close Ranks & Doom Wind Industry to Death By A Thousand Cuts
**** Earlier this week we looked at how Australia’s big power retailers have turned their backs to the wind to face the Sun, instead. Commercial retailers (we don’t count the ACT Government) haven’t entered any Power Purchase Agreements with wind power outfits since November 2012; and, we hear, have determined not to enter any more … Continue reading Bankers & Investors Close Ranks & Doom Wind Industry to Death By A Thousand Cuts
Spain Puts its Economy Destroying Wind Industry to the Sword: ZERO MWs Installed in 2015
España launched into a subsidy-drenched, wind rush almost 20 years ago; for which it’s been lionized by wind-worshippers, worldwide. But its effort to conquer the wind and wallow in taxpayers’ (forced) largesse wasn’t confined to its own sunny climes. Like the Conquistadors of old, its wind power outfits launched off to all points, in search … Continue reading Spain Puts its Economy Destroying Wind Industry to the Sword: ZERO MWs Installed in 2015
UK Wind Industry Collapses as David Cameron Slashes Subsidies for Wind Power
**** While the wind industry, its parasites and spruikers continue to wail like banshees about dreaded ‘uncertainty’ all over the globe, there seems to be another ‘certainty’ keen to muscle up alongside the usual pair cited as examples of dead-set certainties in life: “death and taxes”. The newest absolute certainty is that, in the absence … Continue reading UK Wind Industry Collapses as David Cameron Slashes Subsidies for Wind Power
European Wind Power Outfits Reduced to ‘Subsidy Beggars’
At the risk of sounding like a broken record, we’ve said it before, and we’ll keep saying it – the wind industry exists – and ONLY exists – for one single purpose: to wallow in a massive subsidy stream that – in order to keep this monstrous Ponzi scheme alive – will need to outlast … Continue reading European Wind Power Outfits Reduced to ‘Subsidy Beggars’
US Wind Power Outfits Curse ‘El Niño’ for Massive & Mounting Losses
**** STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the … Continue reading US Wind Power Outfits Curse ‘El Niño’ for Massive & Mounting Losses
Wind Power Ponzi Scheme Running Out of Puff
*** Who would have thought, hey? That a wholly weather dependent power generation ‘system’, actually depended upon …. the weather? In the mother of all ironies, wind power outfits in the US - well, everywhere, really - are cursing the Wind Gods, as their puffed up promised profits plummet; and investors fume. The wind industry … Continue reading Wind Power Ponzi Scheme Running Out of Puff
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