Europe’s wind turbine makers are in financial freefall; with subsidies slashed, demand for turbines has collapsed, input costs are soaring and their Chinese competitors are benefiting from their cheap and reliable supplies of coal-fired power. Oh, the irony! The barely disguised panic in this article from ReCharge (one of Europe’s leading wind and solar propaganda … Continue reading Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse
Tag: Wind industry Europe
Europe’s Wind Industry Faces Total Collapse: No New Wind Farms Built Since 2017
RE zealots tout rapidly increasing wind power capacity as ‘success’. Except, in Europe a dozen countries haven’t erected a single turbine during 2018, and that coincides with a massive slowdown in construction elsewhere. As you tread your way through the following article, be sure to ignore the usual rubbish about this wind farm ‘powering’ hundreds … Continue reading Europe’s Wind Industry Faces Total Collapse: No New Wind Farms Built Since 2017
Inevitable Transition: End to Subsidies Spells Armageddon for Ageing Wind Turbines in Europe
With wind power subsidies drying up across Europe, the prospects for RE rent seekers look bleaker than ever. It seems like only yesterday, that we were told that wind power was cheaper than coal, sustainable and would power us into the next millennium. Indeed, the transition was meant to be ‘inevitable’. Meanwhile, back on Earth, … Continue reading Inevitable Transition: End to Subsidies Spells Armageddon for Ageing Wind Turbines in Europe
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