Europe’s wind and solar industries are on the ropes, thanks to the sudden embrace of ever-reliable nuclear power across the Continent. Producing machines that can never produce power on demand was always going to end in tears. But moves to amp up construction of nuclear power plants - initiated by the French and followed by … Continue reading Europe’s Nuclear Reset Means Wind Turbine Makers Face Total Collapse
Tag: Wind turbine manufacturers
Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
That ‘industries’ built on lies, myths and subsidies are in freefall is hardly surprising. Nothing about intermittent wind and solar have never made any sense. Now the markets are starting to cotton on. Governments are refusing to bail out wind power outfits - rejecting their ever-increasing demands for ever-increasing subsidies. The knock-on effect on the … Continue reading Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
Global Wind Industry’s Sudden Collapse Proves Physics Beats Platitudes, Every Time
The wind and solar industry’s sales pitch has been exemplary, but their product delivery and after-sales service is pure rubbish. Incapable of delivering electricity on demand, wind and solar will never amount to anything other than an effort in pointless vanity signalling. It’s late 2023, and the wind industry’s glory days are long gone: investment … Continue reading Global Wind Industry’s Sudden Collapse Proves Physics Beats Platitudes, Every Time
‘Green’ Energy Nirvana Collides With Brutal Reality: Wind & Solar Are Pointless
The world runs on luck and credit. The wind and solar ‘industries’ are running out of both. What might have sounded a little hopeful 20 years ago, sounds utterly ridiculous today. Talk about an all-wind and sun-powered future these days smacks of a mixture of delusion and desperation. Wind turbine manufacturers are bleeding cash, with … Continue reading ‘Green’ Energy Nirvana Collides With Brutal Reality: Wind & Solar Are Pointless
Wind Industry’s Major Meltdown: In 2022 GE, Vestas & Siemens Energy Lost $4.6 Billion
In 2022, GE’s renewables division scorched $2 billion, Vestas vaporized $1.68 billion and Siemens Energy said goodbye to $943.48 million. It seems that it’s only the hope that governments might throw a few more taxpayer’s $billions in their direction that keeps these outfits hanging on. While that might have been a sensible tack to take … Continue reading Wind Industry’s Major Meltdown: In 2022 GE, Vestas & Siemens Energy Lost $4.6 Billion
Subsidy Cuts Mean Wind Turbine Makers Face Miserable & Uncertain Future
The wind industry was built on lies and runs on subsidies; cut the subsidies and the whole thing collapses in a heartbeat. Wind turbine makers like Germany’s Siemens are having a rather miserable time of it, of late. Subsidies were already being wound back across Europe (and with it demand for these whirling wonders) when … Continue reading Subsidy Cuts Mean Wind Turbine Makers Face Miserable & Uncertain Future
Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse
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
RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China
Victims of their own success, Europe’s wind turbine makers are being crushed by rocketing power prices - caused by reliance on intermittent wind and solar. Oh, the irony... The staggering surge in European energy costs has rendered them unable to compete with Chinese manufacturers, whose operations benefit from abundant supplies of nuclear and coal-fired power. … Continue reading RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China
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