Wednesday, May 16, 2018

The Wind Energy Fiasco, Writ Large | Power Line

The Wind Energy Fiasco, Writ Large | Power Line
"Until such time as electricity can be stored at scale, wind energy is a terrible idea. 
Across the U.S., wind turbines produce electricity approximately 40% of the time. That means they are unreliable. 
Since we expect the lights to go on 100% of the time, we need enough reliable energy sources–coal, natural gas, nuclear, hydroelectric–to meet peak load. 
Which means that wind energy is inevitably an expensive sideshow. 
Why do wind farms exist? 
Solely because of government subsidies. 
Warren Buffett, one of the largest wind farm investors, said:
[O]n wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.
If wind turbines are a bad idea, enormous wind turbines are worse. 
It is not good news that GE has announced the biggest wind turbine ever
How big is it? 
A bit shorter than the Eiffel Tower. 
And it is intended for offshore placement:
GE Renewable Energy will invest more than USD 400 million over the next three to five years to develop and deploy the largest, most powerful offshore wind turbine – the Haliade-X 12 MW...
This graphic puts the size of GE’s new turbine in perspective:
...My state, Minnesota, has relentlessly promoted “green” energy in the form of wind. 
At least $15 billion has been spent on wind turbines and transmission lines, to virtually no effect, apart from the fact that electricity rates here have risen 23% faster than the national average. 
Taxpayers and ratepayers have been fleeced, and government cronies and utilities have profited handily..."
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