Cut the subsidies to wind power and turbine makers soon fold. Siemens Gamesa has been axing hundreds of jobs in Europe and America as the wheels come off the renewable energy gravy train.
Now, Vestas, Nordex and Enercon are also facing financial ruin, and for all the same reasons.
Some of their travails are caused by the fact that Germany suffers Europe’s highest power prices, which necessarily affects the bottom line. Their Chinese competitors – running on cheap coal-fired power – are able to deliver these things at a fraction of the cost.
But it appears that the main reason for the wind industry meltdown is that with Europe’s grand wind and solar ‘transition’ in tatters, orders for new turbines have simply shrivelled up. Pierre Gosselin has this report.
Germany’s Compounding Energy Woes: Even Wind Power Industry Is “Sliding Into Crisis”
No Tricks Zone
Pierre Gosselin
15 November 2022
Germany’s Blackout News here reports
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Utopia, you are standing in it! 
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