Wind Power fAiL

Obama gonna give us cheap wind energy, an' lower energy bills...
:cool:
U.S. backs grid for offshore wind energy
WASHINGTON, May 15 (UPI) -- The U.S. government announced it cleared the way for the development of an offshore wind energy transmission line for the Atlantic coast.
Washington cleared the way for the Mid-Atlantic offshore wind energy transmission line. The decision allows project parent company Atlantic Grid Holdings to go ahead with a right-of-way proposal to build a transmission line capable of carrying 7,000 megawatts of electricity derived from wind energy to the mainland grid. "The first-of-its-kind Atlantic Wind Connection is an encouraging sign of significant industry interest in developing the infrastructure to support offshore wind development," Deputy Secretary of Interior David Hayes said in a statement.

There are no commercial-scale wind farms offshore in the United States. A project proposed off the coast of Massachusetts could start providing electricity to the mainland grid within the next two years, however.

AWC Chief Executive Officer Bob Mitchell said similar electric transmission corridors in Europe helped lower offshore wind energy costs by as much as 25 percent. "This milestone allows the AWC to proceed to intelligently plan for the backbone transmission system that is necessary for an entirely new robust offshore wind industry to develop in America," he said in a statement. It's expected to take around 10 years to complete construction of the project.

Source
 
Everyone knows the junk doesn't produce diddly in electricity but they trusted Barry Hussein. Smart democrats saw Obama appoint a communist with absolutely no experience other than leading an arson and looting rampage to his green jobs board. The green jobs board was part of the revolution and now the whole stack of cards is falling apart.
 
Ray.......the cool graphics are impressive until you realize that it doesnt change the facts on what proportion wind is as compared to conventional energy for powering our nation. Its like comparing the boobs of Kate Hudson to the boobs of Pamela Anderson.



kate-hudson-flat-chested.jpg
[/IMG]

pam.jpg



Take a guess which represents wind???



And anyway.........the news from last month = not good for the wind companies. 37,000 workers expected to be laid off without the tax credits. Wind energy just cant stay afloat without help from the government.

Layoffs in U.S. wind power accelerate as Congress fails to act on tax credit | American Wind Energy Association
 
Last edited:
Why yes, the Congress keeps giving the fossil fuel industry subsidies while denying them to alternative energy companies. It would warm the cockles of my heart to see an energy development that would put the fossil fuel companies right out of existance. Then you people could cackle with glee about the jobs lost there.
 
Why yes, the Congress keeps giving the fossil fuel industry subsidies while denying them to alternative energy companies. It would warm the cockles of my heart to see an energy development that would put the fossil fuel companies right out of existance. Then you people could cackle with glee about the jobs lost there.


Nah............only the smaller oil companies need them to remain competitive but competition is good.............keeps prices lower than they otherwise would be. The Keynesian's never understand this. Taxpayers are dont with getting taxed up the wazu in recent years. Its a given they dont want their hard earned $$ going to scam energy efforts like wind and solar.


Anyway.........those subisdies = 4 billion dollars only.............green industry subisdies are far more than 10X that!!:coffee:


Green energy = unfavorable economics.


Dont take my word for it though..........check out the Cato Institute's study..................


http://www.cato.org/pubs/pas/pa-280.html
 
Last edited:
The wind and solar "sink hole"...............

Solar and wind power: a financial sinkhole

Electric vehicles and corn ethanol fuel are not the only green industries that have been producing pitiful returns on government investment: Solar and wind power are just as guilty of eating up huge subsidies and still failing to break even economically.

Let’s start with an example – one that was highlighted in a recent New York Times article. NRG Energy is building a 250-MW solar project in San Luis Obispo Country (northwest of Los Angeles), known as California Valley Solar Ranch. The ranch’s one million solar panels will provide enough energy for 100,000 homes, but it will cost $1.6 billion to build. Most of those dollars are coming from government subsidies or low-interest loans.

All told, NGR and its partners secured $5.2 billion in federal loan guarantees plus hundreds of millions in other subsidies for four large solar projects. The crazy thing is, the government is giving out these grants and loans despite information from its own researchers that solar power is uneconomic now and will remain so in the future. The US Energy Information Administration predicts that by 2016 the total cost of solar photovoltaic energy will be about $211 per megawatt-hour, compared to $63 for an advanced natural-gas combined-cycle power plant.

Just as with corn ethanol, it’s the taxpayer who bears the brunt of this obsession with expensive solar power. The main federal subsidy currently covers 30% of the cost of a residential solar system. When other subsidies are added in, as much as 75% of the cost can be covered. Obama’s administration has spent $9.6 billion on solar and wind power through the Section 1603 Treasury grant program over the last few years.

With that kind of support, it’s no wonder America is in love with solar power. In 2011, solar installations skyrocketed, with 1,700 MW installed during the year, an 89% increase over 2010. Still, all of the panels now installed across the nation produce only about as much electricity as a single coal-fired plant. And even with demand growing rapidly, the industry is awash in debt and bankruptcy.

US solar manufacturers are being pushed out of the market by low-cost Chinese manufacturers, which get even more support from their government than Obama gives to American producers. In California, for example, Chinese producers held 29% of the market at the beginning of 2011; by the end of the third quarter they had grown their market share to 40%, while US manufacturers saw their share fall from 37% to 29%. And with the Chinese flooding the market with cheap solar panels, prices for solar panels fell by 40% in 2011.

Falling prices for solar panels and dwindling market shares forced three US solar companies into bankruptcy in 2011 and recently necessitated staff cutbacks at another two companies. This is all happening despite billions in loan guarantees to these companies. First Solar, for example, took $3 billion in loan guarantees from the federal government to develop three solar farms in Arizona and California. Now the company is cutting half of its staff, including 60 jobs in California where it received $3 million in state sales tax credits.

Of course, the most notable solar bankruptcy of 2011 was Solyndra, the California-based company that went bankrupt months after receiving a loan guarantee of $535 million from the US government and despite increased demand for solar panels in the country following implementation of state mandates for solar energy.

And things are about to get a lot tougher for struggling solar panel producers in the US, because the 1603 program expired on January 1. When you add up grants, subsidies, loans, and tax credits that have been helping the solar and wind industries along, then add in mandates that require utilities to buy renewable power at set prices from the alternative energy producers for decades, you are left with an industry that is wholly dependent on taxpayers, not on its own technology’s capabilities. Forced to go it alone in the power industry, solar and wind producers are not going to survive.


Green Energy – Too Many Subsidies, Too Little Performance | HoweStreet.com
 

Forum List

Back
Top