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
Tag: UK power prices renewable energy
Reaping The Whirlwind: Europe’s Wind & Solar Obsession Sends Power Prices Rocketing
Europeans have squandered untold $billions on chaotically intermittent wind and solar. The only evident results being routine power rationing, blackouts and power prices doubling every 12 months, or so. The article below from Bloomberg lays it out fairly clearly: those countries obsessed with wind and solar are literally reaping the whirlwind, as power prices spiral … Continue reading Reaping The Whirlwind: Europe’s Wind & Solar Obsession Sends Power Prices Rocketing