It looks like the reality is finally hitting home that wind energy will not be lowering energy bills, even the mainstream media now seem reconciled to this fact.
"We import a huge amount of our energy from abroad," he said. "We import gas, coal and oil, and unfortunately all of those fossil fuels are increasing in price and still remain very, very high on international markets. Unfortunately, this means that further price increase cannot be ruled out in the months ahead."Mr Cassidy said renewable energy will not necessarily be cheaper. ESB is investing in wind energy but investment costs money."Renewable energy is greener, it is cleaner but it is not necessarily cheaper energy yet, so just because we are using more renewable energy doesn't mean that's going to lead to lower bills just yet."
https://ycharts.com/indicators/europe_natural_gas_price
ReplyDeleteMost of Ireland's electricity is generated with gas, which shows a seasonal fluctuation between winter and summer prices, see above. However, that it is increasing in price is very much a lie. The trends are unmistakable, in that it will decrease not increase, not least as LNG from the US becomes more available:
https://oilprice.com/Energy/Gas-Prices/The-Easy-Money-In-European-Natural-Gas-Is-Gone.html
Coal prices are going down once more:
https://energywatch.eu/EnergyNews/Policy___Trading/article11105860.ece
Coal prices dropped to very low levels as the US switched to natural gas, then rose somewhat, now seems to be on the decline again.
So the above statement is a lie. Then again one can make a political decision to put a big carbon price on it, which is simply a tax, to make it more expensive and pass this cost as a stealth tax back on to the consumer.
Thea real reason for the electricity price increases is the unsustainable wind program. All of these wind investments are incapable of recovering their capital costs. To give the impression of solvency they are depreciating their plant on paper at an incredibly slow rate.When the disparity between the paper asset valuations and reality has to be reconciled the wind farm losses will be massive. In 2017 Gort Wind farms tangible fixed asset valuations declined from €29.308m to €19.641m. The Vestas machines it uses have long been decommissioned in Denmark. Garvagh Glebe Wind farm also uses Vestas machines.These lasted just less than 8 years. Garvagh Glebe commenced operations in 2010. In 2017 it still had €33.504m in tangible asset valuations in their accounts.Clearly these valuations are to say the least questionable. Garvagh Glebe had a" total comprehensive loss for the year"(2017) of €3.115m . Gort Wind Farm had a" total comprehensive loss for the year"(2017) loss of €10.136m. It is clear that these estimates of wind turbine operational life are to say the least exaggerated by the IWEA and the rest of the wind lobby. On this basis as wind farms get to about 10 years operational life losses should increase significantly. But going on what Government propaganda says today . There will be no admission or reference to this fact..
ReplyDeleteGerman wind turbine maker Senvion files for insolvency Google Reuters News agency. Senvion is gone under due to competition from the big boys, but who will be next? Meanwhile hundreds of lorry loads of rock is being hauled from quarries in Kingscourt and Carrickmacross to the Raragh wind farm in East Cavan. There will be 5 X 2 MW turbines with concrete bases 27 meters in diameter and 3 meters deep. 5 large excavators running 8 hours a day for over 2 months and 4 months to go.
ReplyDeleteWind Turbines are visible over half of Scotland. So half of the Scottish landscape have views of industrial wind turbines at varying distances. Is this not a public plan or programme under Article 3(2) of the SEA Directive? Yet no assessment of the environmental effects. The study can be found by searching John Muir Trust, new animation reveals spreading impact of wind
ReplyDelete