Posted on 04/14/2019 6:08:54 AM PDT by WellyP
German Wind Turbine Maker Senvion’s Spectacular Financial Collaps… Cut the subsidies and the wind industry would disappear in a heartbeat. The business model (read ‘colossal government mandated scam’) has all the hallmarks of an enormous Ponzi scheme – the wind industry’s demise is a matter of when, not if. The withdrawal of subsidies across Europe has taken its toll, as the number of new turbines erected plummets. Twelve countries in the European Union (EU) failed to install “a single wind turbine” last year.
Saddled with debt and peddling the world’s worst wind turbines hasn’t helped German turbine maker Senvion, either.
(Excerpt) Read more at stopthesethings.com ...
Thanks for the correction.
as long as there is cheap petroleum energy, wind and solar can not compete. I would suspect that oil has to go out past 150 to make these technologies viable.
Don’t forget the House Size concrete block they bury unground that holds the things up
The manufacturing is done in Iowa right next to I70 interstate.
Vastly simplifies delivery and assembly.
Ethanol needs to go the same way.
Why did you claim this was a Reuters article when it’s from some blog?
I traveled through rural Upstate New York and these things go on for miles. They absolutely ruin the sight line of the horizon. I can only imagine what they sound like droning on and on.
No way Rooters would ever have this phrase in one of their articles...
“The business model (read ‘colossal government mandated scam’)”
Senvion is German for Solyndra.
There are some areas where efficiency and demand response are paid for via something called the Forward Capacity Market, which is essentially an auction run by an ISO. It basically says we will pay you now for a set time in the future where you will assure that sufficient capacity exists to meet demand. How you do that is up to you. You can pay generators to provide supply, or you can contract with large companies like WalMart to reduce their demand if other demand goes up. Either way to get capacity. The hell of it is, you can get a capacity payment without generating a single watt-hour of energy. So you can build a whole bunch of windmills, sweep up the tax credits and accelerated depreciation, and make a profit without putting a single watt out on the lines because you got those subsidies plus the forward capacity payment.
Yeah the windmills are a real environmental scourge.....ironically forced on us by the greenie idiots....like everything they do they ‘seem’ like a good idea......
Anyone that can do basic math would realize that this entire Wind Energy thing is a joke.
These turbines operate no where near their optimal rating.
Something like 30% or less.
They actually require and use Electricity when there’s insufficient wind.
If you like your Solyndra, you’ll need $535 million dollars....
On this one, they didn’t build a big enough house size base !
OOPS !
https://youtu.be/WQbSC9cq6lM?t=275
And once a real physicist points a out that these are basically climate changing machines, they will be dead and buried. You cannot get energy for free, therefore, you are removing energy from the atmosphere.
I’ve been told the arrays of turbines do not rotate on the top to face the wind and only those facing the wind are turning. Prevailing winds here are very common in the Southwest to Northeast direction. Probably because of the wind off of the Gulf.
Even people in the turbine business admit, it is a dead dog if the subsidy goes. I saw one being moved day before yesterday. Moving a single blade is an amazing feat.
At a million dollars a pop and concrete in the ground 60 feet. You would think they will last forever, but all know they won’t. So what happens when they break or wear out? I don’t see them being repaired often.
I don’t want any on our land. The other thing that nobody mentions? A huge dust cloud that comes from the soil below the Turbine. Would not want to live anywhere near them.
Wind turbines normally turn to face the wind. There certainly may be some that don’t.
There are hundreds of permanently idled wind turbines around the country. Some get replaced and some are mostly abandoned. Metal value is such someone will eventually sell them for scrap.
No. It can’t survive without massive subsidies.
There isn’t that much energy in wind to begin with. Then add in that the wind doesn’t necessarily blow where you want it to....the windiest places are often not in or right by the big city that can use that electricity. That means miles of electric cables which is an added cost not to mention the fact that a certain amount of energy is lost when you have to beam it down a wire.
Then there is the fact that the wind does not blow steadily. Average capacity utilization rate is FAR lower than installed baseload capacity.....something the industry and the Gaia Worshipers are not keen to talk about.
So due to its unreliability, you have to have 100% backup capacity for a reliable energy source - like a coal burning power plant - standing by at all times since utilities are not allowed to have the electricity just cut out regularly. So that’s yet another cost.
Then there is the cost of not only installing them but of maintaining them.
When you add in all of those costs instead of dishonestly attempting to exclude some of them as the Gaia Worshipers and the companies peddling these boondoggles often try to do, it makes absolutely no sense at all.
We haven’t even talked about what a blight on the landscape they are or how many birds they chew up.
Single use plastic bags were also forced on us by greenie idiots.
Good one null...
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