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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power
13 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power

When so-called ‘sustainable’ investment funds pull the plug on wind and solar, you know the party’s over. As 2023 closes out, ‘green’ energy investors are facing a brutal and harsh reality: wind and solar will never amount to meaningful power sources. Worse still, governments backing the grand wind and solar transition are having a hard […]
‘Green Energy’ Dream Collides With Harsh Reality: Wind & Solar Just Don’t Work
11 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: solar power, wind power
“China having a higher share of renewables each year, while also having a massive growth in overall electricity consumption. … What does this tell us about the type and amount of capacity they add each year?” and some discussion followed as to whether China was increasing coal faster than renewables or vice-versa.
COP28: Who Matters? — Follow-up
07 Dec 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar power, wind power

Northern hemisphere winters are particularly brutal on wind turbines and solar panels, the former frozen solid and the latter blanketed in snow and ice. The result being no power from either. Peak winter conditions are perfect for revealing the peak stupidity of attempting to power first world economies with generation systems that deliver nothing but […]
Frozen Supply: Unreliable Wind & Solar Means US Faces More Winter Blackouts
21 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
18 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
17 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
16 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy, Germany, wind power
A number of folk have been waiting impatiently for the contradictions of consensus climate policy to become undeniably apparent. What’s happening in Germany might fit the bill. Germany’s ruling Socialist-Liberal-Green coalition shut down the last of the country’s operating nuclear reactors in April in line with their agreed policy. They overrode calls for a reversal […]
Big Green in trouble – German version
16 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
13 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: celebrity technologies, wind power

By Paul Homewood h/t Joe Public More bad news for the wind industry:. https://twitter.com/IntermittentNRG/status/1723692080801710475 What is different about this one is that the PPA forces the wind farm to buy power on the spot market, when the wind does not provide enough:
Europe’s Largest Wind Farm Facing Bankruptcy
11 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
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
03 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
01 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
01 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar power, wind power

High demand for a profitable product is a winning formula for commercial success and oil companies aren’t going to be slow to cash in on current prices, no matter what climate obsessives or politicians may say or think. Hydrogen-related roles get squeezed due to slack market interest. Meanwhile renewables firms seek ever larger handouts. – […]
Fossil fuels are back: Shell takes axe to its ‘Low Carbon’ division
30 Oct 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power

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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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