Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All

For more than a decade, acolytes and crony capitalists have run the story that offshore wind power is free, and getting cheaper all the time. However, the reality doesn’t match the rhetoric. In the UK, offshore outfits refused to bid at the figures offered by government in the auction by which future (guaranteed) contract prices … Continue reading Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All

Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)

Built on myth and lies and running on subsidies, the wind industry was never going to last. Set a false business narrative and, eventually, economic reality comes sweeping in like a Panzer division on steroids. Cheery propaganda does not always result in profits. Start with the story about wind power being the cheapest of all, … Continue reading Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)