Tag: UK renewable energy contracts for difference

Stand & Deliver: ‘Renewable’ Energy Rent-Seekers 21st Century Highwaymen

Wind and solar rent seekers have all the style and menacing panache of the 17th-century highwaymen. It takes real audacity to look your victims in the eye and demand even more subsidies on top of the obscene pile rent seekers have already drawn from taxpayers and power consumers. But these boys are dripping in audacity. … Continue reading Stand & Deliver: ‘Renewable’ Energy Rent-Seekers 21st Century Highwaymen

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

No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers

So much for all the cheap talk about wind power being cheap. Offshore wind power is so expensive it can’t attract a buyer. In the UK, the last round of the government’s annual auction - which awards 15-year contracts to wind and solar generators, taking their occasional produce at a set price - did not … Continue reading No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers

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)