Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

[Kosh]

It is funny to see these threads from the AGW cult.

Especially when many European nations chose to dismantle their "alternative" energy projects so they could fun their over bloated social programs.

So it must not be as dire as everyone is saying, when social programs Trumps "alternative" energy..

 

[abu afak]

It is funny to see these threads from the AGW cult.

Especially when many European nations chose to dismantle their "alternative" energy projects so they could fun their over bloated social programs.

So it must not be as dire as everyone is saying, when social programs Trumps "alternative" energy..

Remarkably Ignorant partisan post.

Ignoring all the evidence presented in my and others many articles throughout, including the OP showing 2/3 of New Industry spending around the world ("Cult") is going to renewables: Wind and Solar.. and continuing right through the last page and the post/posts on it.
`

 

[Old Rocks]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Another way to say that is that wind and solar are not cost effective. They cost twice the price for only a small percentage of the output of coal and natural gas.

Stupid little finger boy liar. I and others have shown that by the kw/hr wind and solar are cheaper than either gas or coal. But yap on, post your lies and ignorance for all to see.

 

[bripat9643]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Another way to say that is that wind and solar are not cost effective. They cost twice the price for only a small percentage of the output of coal and natural gas.

Stupid little finger boy liar. I and others have shown that by the kw/hr wind and solar are cheaper than either gas or coal. But yap on, post your lies and ignorance for all to see.

That's only the case if you ignore the cost of 100% backup from a reliable power source like a coal fired power plant. Even then, it's probably not true because you're assuming 100% availability when the reality is more like 6%.

 

[abu afak]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Another way to say that is that wind and solar are not cost effective. They cost twice the price for only a small percentage of the output of coal and natural gas.

Stupid little finger boy liar. I and others have shown that by the kw/hr wind and solar are cheaper than either gas or coal. But yap on, post your lies and ignorance for all to see.

That's only the case if you ignore the cost of 100% backup from a reliable power source like a coal fired power plant. Even then, it's probably not true because you're assuming 100% availability when the reality is more like 6%.

Of course, you really set the table for the idea that "Back up" may become JUST that: a subsidiary back up system to the Main renewable one.
`

 

[abu afak]

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

 

[Toddsterpatriot]

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

We should be more like France, nearly 50% of their electricity is from nuclear.

 

[PredFan]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Investment =\= success.

It would be great if renewables could get to the point where they would be practical for common use, but so far it looks as if it’s a very long way off. Thank God for Trump making sure that we don’t abandon fossil fuels too soon.

 

[Confounding]

Abu, do you not support the use of nuclear in the fight against AGW? Why? I see it differently. I know it can be dangerous, but it becomes less so the more we understand it. I feel like when it comes to fighting this problem we need to use all means at our disposal. Nuclear is very powerful and I think it'll be a big part of the shift from fossil fuels. Have you seen how many nuclear power plants China is building?

 

[polarbear]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Hmmm..Really?
IEA warns of 'worrying trend' as global investment in renewables falls
Fossil fuels increased share of energy supply investment last year – the first time since 2014
The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The International Energy Agency said the decline is set to continue into 2018
Fossil fuels increased their share of energy supply investment for the first time since 2014, to $790bn, and will play a significant role for years on current trends, the IEA said.

 

[Billy_Bob]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Hmmm..Really?
IEA warns of 'worrying trend' as global investment in renewables falls
Fossil fuels increased share of energy supply investment last year – the first time since 2014
The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The International Energy Agency said the decline is set to continue into 2018
Fossil fuels increased their share of energy supply investment for the first time since 2014, to $790bn, and will play a significant role for years on current trends, the IEA said.

You will soon see the rusting piles of crap everywhere and in disrepair... Subsidies end next year for all of the Green energy programs in the US.. They will stand or fall very soon of their own accord. Even power companies are now demanding that their back up power be paid for up front and as of December the burden is no longer on the power company but on the operators of the wind generators to make those paymnets.

 

[bripat9643]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Another way to say that is that wind and solar are not cost effective. They cost twice the price for only a small percentage of the output of coal and natural gas.

Stupid little finger boy liar. I and others have shown that by the kw/hr wind and solar are cheaper than either gas or coal. But yap on, post your lies and ignorance for all to see.

That's only the case if you ignore the cost of 100% backup from a reliable power source like a coal fired power plant. Even then, it's probably not true because you're assuming 100% availability when the reality is more like 6%.

Of course, you really set the table for the idea that "Back up" may become JUST that: a subsidiary back up system to the Main renewable one.
`

Even if that ever happens, you're still lying about the cost of renewable energy.

 

[polarbear]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Hmmm..Really?
IEA warns of 'worrying trend' as global investment in renewables falls
Fossil fuels increased share of energy supply investment last year – the first time since 2014
The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The International Energy Agency said the decline is set to continue into 2018
Fossil fuels increased their share of energy supply investment for the first time since 2014, to $790bn, and will play a significant role for years on current trends, the IEA said.

You will soon see the rusting piles of crap everywhere and in disrepair... Subsidies end next year for all of the Green energy programs in the US.. They will stand or fall very soon of their own accord. Even power companies are now demanding that their back up power be paid for up front and as of December the burden is no longer on the power company but on the operators of the wind generators to make those paymnets.

Germans found out the hard way:
Turbine Trouble: Ill Wind Blows for German Offshore Industry - SPIEGEL ONLINE - International
Only recently, the offshore wind industry was seen as an opportunity to regenerate Germany's coast. But amid changing political attitudes and spiraling costs, several companies are struggling to survive. Is the wind boom over before it even really began?
......For the time being, instead of producing energy, Riffgat is actually consuming it. To prevent the rotors from corroding in the salty air, they have to be supplied with electricity produced with diesel generators.
............"The market has collapsed," says Ronny Meyer, the managing director of Windenergie Agentur (WAB), based in the northern port city of Bremerhaven. Riffgat developer EWE also doesn't want to invest in additional offshore turbines.
...........An estimated €1 billion ($1.3 billion) was invested in port facilities and factory buildings, and some 10,000 jobs were supposedly created.
Today, only seagulls are landing at the new harbor facility.
Of Bard's initial 1,000 employees, only those who will operate the wind farm will remain.
Operators of offshore wind farms depend on sufficiently high electricity prices to refinance their investments. "Although the cap on electricity prices was never approved, it made investors very anxious," says wind energy expert Meyer.
And then there is this problem:
Wind farm turbines wear sooner than expected, says study
The report’s author, Prof Gordon Hughes, an economist at Edinburgh University and a former energy adviser to the World Bank, discovered that the “load factor” — the efficiency rating of a turbine based on the percentage of electricity it actually produces compared with its theoretical maximum — is reduced from 24 per cent in the first 12 months of operation to just 11 per cent after 15 years.
Prof Hughes examined the output of 282 wind farms —about 3,000 turbines in total — in the UK and a further 823 onshore wind farms and 30 offshore wind farms in Denmark.
Prof Hughes said his analysis had uncovered a “hidden” truth that was not even known to the industry. His report was sent to an independent statistician at University College London who confirmed its findings.

 

[Billy_Bob]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Hmmm..Really?
IEA warns of 'worrying trend' as global investment in renewables falls
Fossil fuels increased share of energy supply investment last year – the first time since 2014
The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The International Energy Agency said the decline is set to continue into 2018
Fossil fuels increased their share of energy supply investment for the first time since 2014, to $790bn, and will play a significant role for years on current trends, the IEA said.

You will soon see the rusting piles of crap everywhere and in disrepair... Subsidies end next year for all of the Green energy programs in the US.. They will stand or fall very soon of their own accord. Even power companies are now demanding that their back up power be paid for up front and as of December the burden is no longer on the power company but on the operators of the wind generators to make those paymnets.

Germans found out the hard way:
Turbine Trouble: Ill Wind Blows for German Offshore Industry - SPIEGEL ONLINE - International
Only recently, the offshore wind industry was seen as an opportunity to regenerate Germany's coast. But amid changing political attitudes and spiraling costs, several companies are struggling to survive. Is the wind boom over before it even really began?
......For the time being, instead of producing energy, Riffgat is actually consuming it. To prevent the rotors from corroding in the salty air, they have to be supplied with electricity produced with diesel generators.
............"The market has collapsed," says Ronny Meyer, the managing director of Windenergie Agentur (WAB), based in the northern port city of Bremerhaven. Riffgat developer EWE also doesn't want to invest in additional offshore turbines.
...........An estimated €1 billion ($1.3 billion) was invested in port facilities and factory buildings, and some 10,000 jobs were supposedly created.
Today, only seagulls are landing at the new harbor facility.
Of Bard's initial 1,000 employees, only those who will operate the wind farm will remain.
Operators of offshore wind farms depend on sufficiently high electricity prices to refinance their investments. "Although the cap on electricity prices was never approved, it made investors very anxious," says wind energy expert Meyer.
And then there is this problem:
Wind farm turbines wear sooner than expected, says study
The report’s author, Prof Gordon Hughes, an economist at Edinburgh University and a former energy adviser to the World Bank, discovered that the “load factor” — the efficiency rating of a turbine based on the percentage of electricity it actually produces compared with its theoretical maximum — is reduced from 24 per cent in the first 12 months of operation to just 11 per cent after 15 years.
Prof Hughes examined the output of 282 wind farms —about 3,000 turbines in total — in the UK and a further 823 onshore wind farms and 30 offshore wind farms in Denmark.
Prof Hughes said his analysis had uncovered a “hidden” truth that was not even known to the industry. His report was sent to an independent statistician at University College London who confirmed its findings.

Yep...

Germany killed subsidies last year and now there are thousands of turbines consuming energy to keep them from falling apart... The collapse has begun..

 

[Wyatt earp]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Well when governments....




FUCKING MANDATE SOMETHING







You are such a retarded propaganda tool who hopes and hopes your audience is stupider then you.




.

 

[abu afak]

Germans found out the hard way:
Turbine Trouble: Ill Wind Blows for German Offshore Industry - SPIEGEL ONLINE - International
Only recently, the offshore wind industry was seen as an opportunity to regenerate Germany's coast. .....

Your article is from August 2013
LOFL

Wind power in Germany - Wikipedia

Wind power in Germany is a growing industry. The installed capacity was 55.6 gigawatt (GW) at the end of 2017, with 5.2 GW from offshore installations.
The wind power share of the country's total electricity generation was estimated at 9.3% in 2010,[1] 10.6% in 2011,[2] 13.3% in 2015,[3] and 18.7% in 2017.[4]

More than 26,772 wind turbines were located in the German federal area by year end 2015, and the country has plans for further expansion.[5][6] As of the end of 2015 Germany was the third largest producer of wind power in the world by installations, behind China and the USA.[7]​

Well when governments....




FUCKING MANDATE SOMETHING







You are such a retarded propaganda tool who hopes and hopes your audience is stupider then you.




.

Your post is Retarded you 12 IQ Monkey
You turn 3 lines into 20 Giantly spaced lines for the ILLUSION of volume/Content.
You Stupid Clown.

Like an old woman trying to tease her 5 remaining hairs into a hairdo with Hair spray.
You Low Brow/Lowenbrau Moron.
You are the absolute brain Bottom of this mb.
.

 

[Old Rocks]

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

We should be more like France, nearly 50% of their electricity is from nuclear.

On the contrary,

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

We should be more like France, nearly 50% of their electricity is from nuclear.

On the contrary, we need to replace those dirty plants with clean renewables. Get rid of that expensive dangerous energy.

 

[Old Rocks]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Well when governments....




FUCKING MANDATE SOMETHING







You are such a retarded propaganda tool who hopes and hopes your audience is stupider then you.




.

Oh my, another dumb fuck chimes in. Notice the word global? Do you think that the US subsidizes all the renewable energy around the world? The biggest investor in renewables is China. But as the price of renewables has come down, more and more nations are investing in clean energy that costs very little after the initial investment.

 

[Old Rocks]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Hmmm..Really?
IEA warns of 'worrying trend' as global investment in renewables falls
Fossil fuels increased share of energy supply investment last year – the first time since 2014
The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The International Energy Agency said the decline is set to continue into 2018
Fossil fuels increased their share of energy supply investment for the first time since 2014, to $790bn, and will play a significant role for years on current trends, the IEA said.

You will soon see the rusting piles of crap everywhere and in disrepair... Subsidies end next year for all of the Green energy programs in the US.. They will stand or fall very soon of their own accord. Even power companies are now demanding that their back up power be paid for up front and as of December the burden is no longer on the power company but on the operators of the wind generators to make those paymnets.

More stinky stuff from Silly Billy's ass. Post a link to this information. LOL

 

[Wyatt earp]

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

We should be more like France, nearly 50% of their electricity is from nuclear.

On the contrary,

7 August 2018
France approves 720 megawatts of new solar power
The French government has given the go ahead to 103 new solar power projects.
France approves 720 megawatts of new solar power

The Ministry of Ecology and Solidary Transition announced the news on Monday, which will bring forward an estimated 720 megawatts (MW) of new renewable power capacity.

The latest approved bids are part of a new target set by the ministry to tender 2,450 MW of new solar energy each year. The department expects to tender two further rounds of 850MW each this year.

So far, France has built a total of 8,300 MW in solar power and is looking to reach a total of 20,000 MW by 2023.

A statement from the ministry, reported by the Reuters news agency, said that the latest tender saw average power prices of 58.2 euros, a 5% decline on a similar auction last year.

Since taking office in 2017, President Emmanuel Macron has taken significant steps to increase France’s renewable energy capacity. The country has a historic dependence on nuclear power, which provides the vast majority of its electricity needs each year

To address this the administration has made new rulings to double the amount of onshore wind and increase France’s offshore wind capacity.

The appointment of longstanding environmentalist Nicolas Hulot to the ministry has also led to a flurry of climate commitments, including plans to ban new petrol cars and offshore oil & gas exploration.

Some of France’s major energy companies, such as EDF and Total, have seen an opportunity in the new mood music. Late last year EDF announced its Solar Power Plan to develop a huge 35 gigawatts of new solar in France by 2035. In June, the CEO of oil & gas giant Total confirmed on Twitter plans to invest in 10 gigawatts of solar within 10 years.​

We should be more like France, nearly 50% of their electricity is from nuclear.

On the contrary, we need to replace those dirty plants with clean renewables. Get rid of that expensive dangerous energy.

....at the cost of electricity through the roof?


Fuck you, why do you hate poor people?

.