THE $Trillion Windmill Industry Is The Greatest Scam Of Our Age
Posted: June 24, 2017 Filed under: Climatism, Fact Check, Failed Green Schemes, Government Grants/Funding, Govt Climate Agenda, Green Agenda, Green Energy, Renewables, Taxpayer waste, Unreliables, Wind Farms | Tags: AGL, Blackouts, climate, Climate Change Hoax, Fuel Poverty, Infigen, Jay Weatherill, Josh Frydenberg, Malcolm Turnbull, Renewable energy, RET, SA Blackouts, unreliables, Wind Energy, wind energy scam, Wind Farms, wind power 2 Comments
AUSTRALIA is in the midst of an electricity disaster thanks to its global warming madness.
In South Australia, the wind farms have failed causing statewide blackouts.
In Victoria, electricity prices have shot up by around 20 per cent from January, and doubled in a year, thanks to the closure of the “dirty” coal-fired Hazelwood plant.
Business is panicking with jobs decimated, business confidence shattered, investment stifled.
With the closure of Victoria’s Hazelwood plant in April, Victorians are going to get a taste of what their South Australian neighbours have been living with for years: routine load shedding and mass blackouts.
If electricity consumers were not already being squeezed by the closure of Victoria’s coal burning Hazelwood power station, an extraordinary lack of wind in the past few months has certainly compounded the problem.
- Wind generation is down 40pc on this time last year and 30pc on the December quarter of 2016
- The wind stopped blowing at the same time the Hazelwood plant closed down, exacerbating price hikes
WIND DIES, POWER PRICES SOAR
Here is a terrible example of the madness of building an electricity system on the assumption that the wind would always blow.
If electricity consumers were not already being squeezed by the closure of Victoria’s coal burning Hazelwood power station, an extraordinary lack of wind in the past few months has certainly compounded the problem.
The large wind-focussed generator, Infigen Energy has been forced to downgrade its full-year profit forecast due to what it says has been the least windy period it has endured put its current capacity together in 2012.
“Production for the 4th quarter is expected to be … approximately 40 per cent below the previous corresponding period and 30 per cent below the historical 4th quarter average,” it told investors in a statement to the ASX.
Principal at energy consultants ITK, David Leitch says … “Prices are currently around $90 per kilowatt hour (kwh) when they would be typically be around $75kwh…”
And, remember, all this pain is for zero gain to the climate, as the Chief Scientist admitted in Senate committee hearings (MUST SEE):
(Click link/Image to Play)
•••
UPDATE
The Wind Gods punish Infigen … again and again…!
Shock, Horror! Wind Power Output Depends on Wind: Infigen Blames ‘Lack of Wind’ for Losses
July 3, 2017 by
Australia’s publicly funded, green-left megaphone, the ABC has a hard time dealing with tough things like facts and consequences. So it must’ve been a rude shock to find out that the fortunes of wind power outfits depend upon … ahem … the weather.
Lack of wind a big blow for Infigen
ABC News
Stephen Letts
23 June 2017If electricity consumers were not already being squeezed by the closure of Victoria’s coal burning Hazelwood power station, an extraordinary lack of wind in the past few months has certainly compounded the problem.
The large wind-focussed generator, Infigen Energy has been forced to downgrade its full-year profit forecast due to what it says has been the least windy period it has endured put its current capacity together in 2012.
“Production for the 4th quarter is expected to be … approximately 40 per cent below the previous corresponding period and 30 per cent below the historical 4th quarter average,” it told investors in a statement to the ASX.
“The current quarter is expected to include two of the lowest production months for Infigen’s current Australian operating assets.”
Infigen’s 4th quarter started on April 1, a few days after Hazelwood closed.
Principal at energy consultants ITK, David Leitch says he is not surprised given the recent weather pattern on the east coast.
“Unfortunately, it has played a part in the recent spike in wholesale power prices,” Mr Leitch said.
“Prices are currently around $90 per megawatt hour (MWh) when they would be typically be around $75MWh,” Mr Leitch observed.
Full article…
•••
Related :
- Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia | Climatism
- South Australia Blackout Report : Green Energy Failure | Climatism
- When The Wind Don’t Blow, The Lights Don’t Glow! | Climatism
- Doomed to the Dark Ages: No Solution for South Australia’s Wind Power Blackouts | Climatism
- ‘Unreliable’ Power Australia – Green Hypocrites Exposed By South Australia Storm | Climatism
- Blackout Blues: Wind Power Obsession Makes South Australia an International Joke | Climatism
- Adding More Solar And Wind Power ‘Doubles’ CO2 Emissions | Climatism
- China Counts the Staggering Cost of its Wind Power Experiment | Climatism
- Germany’s €Trillion Euro Disaster: Wind Power ‘Transition’ Destroys its Industrial Heartland | Climatism
[…] https://climatism.wordpress.com/2017/06/24/the-trillion-windmill-industry-is-the-greatest-scam-of-ou… […]
LikeLike
[…] THE $Trillion Windmill Industry Is The Greatest Scam Of Our Age ~ Thanks to global warming madness, Australia is learning a very painful economic lesson. The rest […]
LikeLike