New offshore wind threatens to double British power prices

Lets increase the supply of cheap renewable energy! What could go wrong?

Item 7 on the list.

A recently released report by Professor Gordon Hughes of Edinburgh University provides a stark warning of the implications for energy costs of this headlong flight from fossil fuels to renewables.

In it he explains that a number of large wind farms have contracts to supply power at extraordinarily low prices, ‘but the cost and performance data suggest that they will be unable to cover their costs’. From his detailed analysis of the latest wind farm data he calculates that we face a doubling of the electricity prices to finance the bail-out they’ll need.

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16 Responses to New offshore wind threatens to double British power prices

  1. Nob

    Oil & gas companies like to get into this because it buys them indulgences, I mean “offsets” against their actual value adding activities.

  2. struth

    But will the get to be as expensive as South Australia?

  3. Herodotus

    Gosh! Who are the people to believe?
    Their lying eyes as they read their power bills or the scammers and their cheer squads who say wind and solar are really, really cheap?

  4. I wonder when they’ll start rationing electricity?

  5. Dr Faustus

    I wonder when they’ll start rationing electricity?

    Last Friday.

  6. Dr Fred Lenin

    Nob. Didnt the Vatican sell indugencesto crooks and use the money to build St Peters ? Wonder what the new Gaia religion will do with their blackmail money ,apart from living high and jet setting to conferences . Read where Glasgow might host one with 3O,OOO ! Delegates ! The new name for middle class bludgers . There is nothing new in the religion industry. Corruption and greed rules,OK ?

  7. Flyingduk

    The madness of crowds…

  8. John Constantine

    All going exactly to plan.

  9. Mark A

    Dr Fred Lenin
    #3132055, posted on August 15, 2019 at 8:08 am

    Nob. Didnt the Vatican sell indugencesto crooks and use the money to build St Peters ?

    Every opponent of the church of Rome peddles that falsehood.
    This particular money paid did not absolve you of any sin at all, it was a replacement of a pilgrimage every faithful was supposed to make, but most couldn’t anyway.

  10. Tim Neilson

    From his detailed analysis of the latest wind farm data he calculates that we face a doubling of the electricity prices to finance the bail-out they’ll need.

    It won’t be done that way. They’ll never admit that ruinables have trashed the system. They’ll do anything to keep the number on the electricity bill artificially low.

    They’ll bail them out with general revenue, which they’ll fund with borrowings or they’ll try to fund with increased taxes on “the rich”.

  11. They’ll do anything to keep the number on the electricity bill artificially low.

    What they’ll start doing, if not already, is to bury all evidence that electricity prices used to be the world’s cheapest (and most reliable), and keep repeating this until most people believe it. In due course, the younger population won’t even know (or be able to find out) that things were different. It won’t take long before people believe that black is white.

  12. Herodotus

    Like BoM is altering the historical temp records to reshape the warming data.

  13. Lee

    Gosh! Who are the people to believe?
    Their lying eyes as they read their power bills or the scammers and their cheer squads who say wind and solar are really, really cheap?

    Easy for liars to say that renewables are cheap, when they deliberately omit the fact that they are heavily subsidized.
    Bottom line is the customer still pays through the nose.

  14. Tim Neilson

    Mark A
    #3132083, posted on August 15, 2019 at 8:46 am

    My understanding is that even today the official Catholic doctrine is that the Church can grant an “indulgence”, defined as:
    a remission before God of the temporal punishment due to sins whose guilt has already been forgiven, which the faithful Christian who is duly disposed gains under certain prescribed conditions through the action of the Church which, as the minister of redemption, dispenses and applies with authority the treasury of the satisfactions of Christ and all of the saints”.

    True, they don’t sell indulgences today as far as I’m aware. But are you saying that the Catholic Church in mediaeval times didn’t sell remission of sins, or only that sales of remission of sins weren’t specifically used to fund the building of St Peter’s?

    If the latter, it’s a trivial point, like saying “I didn’t drive drunk on Saturday 10th August”. If the former, that’s flying in the face of a lot of evidence.

  15. John A

    In May, Keating demanded Australia’s spy chiefs be sacked for disloyalty to China.

    Sorry, disloyalty to which country?

    Yet another example of ALP stupidity?

  16. W Hogg

    Just assume that whatever the corrupt Unreliables activists are saying, the exact opposite applies. That will save years of training in engineering, and produce the same result.

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