Utopia, you are standing in it!

In the US the offshore wind industry is completely underwater, in every sense. The insane cost of attempting to (occasionally) generate electricity with no commercial value in hostile marine environments has finally caught up. Projects are being scrapped in the same way that punters rip up their betting slips when their long-shot nag fails […]

America’s Wind Industry Implodes: More Offshore Projects Scrapped

The laws of economics don’t discriminate: where the costs of any venture outweigh its benefits, investors stay at home. Originally lured with the meme about wind power being free, and getting cheaper all the time, plenty of hopefuls poured cash into wind power outfits like NextEra, Avangrid and turbine manufacturers like Siemens. Lately, however, the […]

Forever Cancelled: Escalating Costs Crippling Giant Offshore Wind Power Projects

If it’s climate obsession versus reality in US power supplies, there can only be one winner. Strong opposition to new gas pipelines plus increasing reliance on intermittent renewables can only end badly for consumers of power. – – – As much as two-thirds of the United States could experience blackouts in peak winter weather this […]

US Watchdog Has Grim Winter Warning: There May Be Blackouts 

The smart money is banking on the wind and solar industries’ total collapse; the smartest money was never invested in the greatest Ponzi scheme of all time. With subsidised wind and solar looking more like a house of cards, dozens of grand standing projects are being unceremoniously dumped. The potential investors targeted by their proponents […]

Rent-Seekers Retreat: Grand Wind & Solar Transition Faces Total Collapse

By Paul Homewood   London, 10 November – Net Zero Watch is calling for an investigation after it was reported that ministers are considering doubling the guaranteed prices on offer for offshore windfarms next year to between £70 and £75/MWh. The news comes after this year’s auction failed to attract any bids from offshore wind […]

The myth of cheap offshore wind has been exposed

Looking to thank someone for your latest power bill, then look no further than subsidised wind and solar. The ‘unreliables’ are the principal reason why retail power bills are rising at unprecedented rates. Behind the curtain, there are a number of forces at work which, over the last decade or so, have entirely upended the […]

Why Intermittent Wind & Solar Always Deliver Higher Power Prices

By Paul Homewood   h/t George Heraghty From the Telegraph: In a Net Zero world, what will we do when the wind isn’t blowing? Environmentalists like to point out that we will have solar power as well, but of course the sun doesn’t shine at night, so windless nights are a big problem. Next, it […]

The crippling problem of renewable green energy cannot be solved

It takes real audacity for the most heavily subsidised ‘industry’ on earth, to demand even more. And it takes real courage for the governments who have been handing out massive subsidies, without question, to reject demands for more of the same. Which is where the New York State Public Service Commission (PSC) comes in. Led […]

Wind Industry Outraged at Government Refusal to Deliver Even More Subsidies

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 […]

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

The grand wind and solar ‘transition’ guarantees households and businesses get to suffer crushing power bills. Or, in cases where the massive subsidies to wind and solar power outfits are collected from taxpayers, rather than from power consumers through their power bills, those bills may be cheaper as a result. But the buck still stops […]

Transition to Poverty: If Wind and Solar Get Any Cheaper, We’ll All Go Broke