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A bonfire of waste: $100 billion burnt by big-government renewables mismanagement
joannenova.com.au ^ | February 13th, 2015 | Joanne

Posted on 02/13/2015 8:54:29 PM PST by Ernest_at_the_Beach

Renewables, are not just inefficient, unnecessary, and deadly to wildlife, but they were also a disaster of planning and management. The list of dollars and euros destroyed in the Glorious Renewables Quest has gone “nuclear”. The World Economic Forum estimates $100 billion Euro has been wasted, but its even worse than it looks. I had to read their opening sentence twice. I thought it read “European countries could have saved approximately $100 billion if each country had invested in the most efficient energy source.” I was thinking they could have saved that sort of money by using coal instead of windmills… but no, those huge savings would be over and above those ones. The WEF is talking about money saved if “badly managed renewables, had been “well managed ones”.

The inefficiency here is the scale only big-government could achieve.

The Energy Collective

Europe Loses Billions in Badly Sited Renewable Power Plants

European countries could have saved approximately $100 billion if each country had invested in the most efficient capacity given their renewable energy resources, that is, by installing wind turbines in windier countries and solar power plants in sunnier places.

But why would we be surprised?

The people who pushed renewables onto Europe were never doing it for pragmatic or practical reasons. The numbers never made sense on any level — not for electricity-made, not for global “cooling”, nor species saved, nor jobs created.  The numbers didn’t work for “energy independence” and they certainly didn’t add up to a profit.

Since the point wasn’t about electricity, or the environment, it didn’t really matter if the solar panels were not in sunny spots, and the wind towers were not in windy places. If those things mattered, the Greens would have been apoplectic at this waste. How many children could have got access to clean water instead? All of them. WHO estimates the cost of clean water globally at $30b.

The sticker shock of the odd 100b has worn off, but we’re talking of one hundred thousand million Euro.

The WEF are a pro-renewables lot too. They want renewables to work.

The $100b figure was not surprisingly, not in the executive summary, but on page 14.

 For example, it is obvious to most European citizens that southern Europe has the lion’s share of the solar irradiation while northern Europe has the wind.

But the EU’s investment in renewables does not reflect this: where Spain has about 65% more solar irradiation than Germany (1750 vs 1050 kWh/m2), Germany installed about 600% more solar PV capacity (33 GW vs 5 GW). In contrast, whereas Spain has less wind than countries in the north, it has still installed 23 GW of wind capacity.

Such suboptimal deployment of resources is estimated to have cost the EU approximately $100 billion more than if each country in the EU had invested in the most efficient capacity given its renewable resources. And by looking across borders for the optimum deployment of renewable
resources (with associated physical interconnections), the EU could have saved a further $40 billion.

And if the EU had coordinated across boundaries (isn’t that what the EU is for) they could have saved another $40b on top of that.

h/t tovthe GWPF

REFERENCE

The World Economic Forum’s (WEF) latest “Future of Electricity” Report


TOPICS: Conspiracy; Science; Weather
KEYWORDS: climatechange; energy; globalwarming; globalwarminghoax; greenenergy

1 posted on 02/13/2015 8:54:30 PM PST by Ernest_at_the_Beach
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To: Tolerance Sucks Rocks; MeshugeMikey; SunkenCiv; Marine_Uncle; TigersEye; Fred Nerks; GeronL; ...

fyi


2 posted on 02/13/2015 8:59:51 PM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

If the truth about “renewable energy” is ever written, it would be displayed as the biggest hoax in modern history.


3 posted on 02/13/2015 9:06:30 PM PST by wjcsux ("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
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To: wjcsux

Absolutely!


4 posted on 02/13/2015 9:58:19 PM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

Waste all depends on how and who is looking at it. If your a politician or one of their cronies then there has been no waste. The cronies have made millions while paying off the politicians pennies on the dollar to finance their political campaigns to further the ambitions of power over the ill informed public. And the public has been ill informed by a media that in turn has been payed off by the political campaigns.

Talk about a cluster F-ing over of the people.


5 posted on 02/13/2015 11:34:07 PM PST by fella ("As it was before Noah so shall it be again,")
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To: Ernest_at_the_Beach

My only problem is that $$ does not mean Euro’s


6 posted on 02/13/2015 11:37:01 PM PST by GeronL
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To: wjcsux

Everything the left advocates seem to fall into that category


7 posted on 02/13/2015 11:37:38 PM PST by GeronL
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To: Ernest_at_the_Beach

SCAM SCAM SCAM SCAM this is a way to siphon American tax payer monies globaly as well as in the pockets of friends and family of the elitists in control


8 posted on 02/14/2015 4:14:19 AM PST by ronnie raygun (Empty head empty suit = arrogant little bastard)
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To: wjcsux

The truth about renewables will be written on cave walls.


9 posted on 02/14/2015 5:42:42 AM PST by Vince Ferrer
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To: Ernest_at_the_Beach

Well written article by Joanne as usual.


10 posted on 02/14/2015 5:54:06 AM PST by Marine_Uncle (Galt level is not far away......but alas! Honor must be earned...)
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To: wjcsux

OK!! Everybody pay attention!

Lesson for today:

1. The sun is 1,300,000 times as big as the earth.

2. The sun is a ball of fire that controls the climates of all its planets.

3. The earth is one of the sun’s planets.

4. The earth is a speck in comparison to the size of the sun.

5. Inhabitants of the earth are less than specks.

Study Question: How do less-than-specks in congress plan to control the sun?


11 posted on 02/14/2015 6:19:23 AM PST by abclily
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To: Ernest_at_the_Beach

I won’t rely on renewable-energy until the day arrives when flipping my light switch makes the sun shine and the wind blow. Until then, I’ll stick with what works 24/7/365.


12 posted on 02/14/2015 8:56:40 AM PST by jaydee770
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