Posted on 06/23/2023 2:19:29 PM PDT by george76
Siemens Energy announced Thursday that it will be undergoing a technical review after it was found that up to 30% of its wind turbines could have faulty components, according to statements made by the company.
Siemens Energy, an international energy company that seeks to “decarbonize global energy systems,” announced that it is withdrawing its profit guidance for the year after subsidiary Siemens Gamesa found that there was a “substantial increase in failure rates of wind turbine components.” The company believes that between 15% and 30% of its installed fleets are suffering from component failures, Jochen Eickholt, CEO of Siemens Gamesa, said during a Friday morning analyst call.
“The fact that we have identified more quality problems marks a significant setback for us. These quality problems go beyond what we were previously aware of, and they are directly linked to selective components at a few but important suppliers,” Christian Bruch, President and CEO of Siemens Energy, said during the call. “At this point in time, we believe that the costs are likely to be in excess of 1 billion euros.”
Siemens Energy stock fell 36% as of Friday morning after the announcement, according to MarketWatch.
🏳🌈 This Pride Month we recognize and celebrate diversity as the driving force behind a brighter energy future. We want to empower everyone to shine their brightest by being themselves. #pridemonth #diversity#inclusion pic.twitter.com/pfwCC9Oz5v
— Siemens Energy (@Siemens_Energy) June 19, 2023
The use of wind energy has received criticism as operations grow in size, incurring more maintenance costs and environmental concerns. Newer, larger turbines designed to generate enough power to fuel renewable energy desires suffer from a greater rate of component failure, resulting in higher maintenance costs, according to The Wall Street Journal. Some environmentalists also claim that wind farms harm animals, including birds, through habitat destruction and obstructing air travel.
If Siemens cannot get it right, what chance do cut-rate ChiCom operators have?
Obviously misinformation from uninspiring 50 year old white guys who can count.
Enter Rockwell and Allen Bradley.
I can see how that is working out for them.
The blight on the landscape of abandoned and decommissioned wind turbines .. Colorado legislators introduce legislation requiring energy companies to remove decommissioned wind turbines.
https://freerepublic.com/focus/f-news/4161639/posts
Yep, fire them and hire trannys with zero education and experience and give them a company credit card to Harbor Freight to only be used for clearance items.
A failing failure to begin with
How many birds does Siemens kill every day?
Key mechanisms probably clogged with bird guts.
The 50 something white old men had to take early retirement in order to make the all inspirational 20-somethings feel unharmed.
Bearings....only made in Germany?
Ruining “view sheds” all over the country.
My dad used to say, if something has two parts, one of them is going to break.
That is a lot of monuments standing out there in fields and cow pastures, that have no economic value whatsoever. But if they are not functioning, at least they are not knocking birds out of the air.
So why are these scrap piles still standing?
Climate change fetishists will go to plan B:
Thousands of Monarch butterflies flapping their wings to replace the wind power.
Hand up-—hand up-—yup, there is a place to put them. Retired open pit mines in Wyoming are filling up with them. Bulldozers love them some old turbine blades to chew on.
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