Unbeknownst to taxpayers and power consumers, the wind industry has engineered the most outrageous raft of subsidies, mostly hidden and all massively generous. These include being paid hundreds of $millions to produce nothing at all, with what are called “constraint payments”. In Britain, taxpayers have stumped up £1 billion in constraint payments to wind power … Continue reading Brits Count Mounting & Staggering Wind Power Subsidy Cost
Tag: Wind Power 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
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
Cry Babies: Wind Industry Demands Even More Massive Taxpayer Backed Subsidies
The wind ‘industry’ chews through $billions of other people’s money every day, but it’s never enough. Part of the problem is the metric of their mantra. Telling everyone that wind power ‘is cheap’ and getting cheaper all the time doesn’t gel with ‘forever’ subsidies, renewable targets, mandates and guaranteed prices for power which is delivered … Continue reading Cry Babies: Wind Industry Demands Even More Massive Taxpayer Backed Subsidies
Hide & Seek: Exposing The (Colossal) Hidden Cost of Wind Power Subsidies
The wind industry can never keep its story straight. One minute it’s cheap and competitive, the next its screaming for more subsidies, because it can’t compete. Claims about wind power generation costs falling are immediately undone when rent seekers (once again) pass round the begging bowl and badger governments for more soft loans, renewable energy … Continue reading Hide & Seek: Exposing The (Colossal) Hidden Cost of Wind Power Subsidies
Never Enough: Wind Industry Squanders Billions & Demands Even More Subsidies From Taxpayers
After 30 years and plenty of talk about being ‘competitive’ with coal, gas and nuclear, wind and solar are still being treated like untamable toddlers. The subsidies they begged for in the beginning were meant to help so-called ‘infant’ industries get on their feet. But, even now, the mere mention of reducing subsidies turns them … Continue reading Never Enough: Wind Industry Squanders Billions & Demands Even More Subsidies From Taxpayers
STOP THESE THINGS 