Renewables Rip-Off: Massive Subsidies Make Offshore Wind Power Most Expensive Of All

STOP THESE THINGS

The true cost of chaotically intermittent wind power is staggering; the cost of offshore wind power is astronomical.

In Australia, the Labor backed construction union is howling about the fact that they can’t get an enormous offshore wind project up and running off the coast of Victoria.

Throwing scorn at the Federal Coalition government about the lack of ‘policy certainty’ and a perceived vendetta against renewables, the rent seekers involved apparently can’t spot the hypocrisy for the trees.

In one breath they’re telling us how cheap wind power is, in the next they’re bitching about the need for massive subsidies to last until kingdom come.

In truth, the project has absolutely no hope of getting off the ground. And the reason is that offshore wind power is ridiculously expensive.

The capital cost of spearing these things offshore is multiples greater than doing so and some dimwitted farmer’s back paddock

View original post 819 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s