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Wind Industry Faces Billions In Early Repair Costs

by Dr. Benny Peiser, GWPF, guest post
February 23, 2018, 11:05 AM
in News and Opinion
Reading Time: 2 mins read
A A
7

Ørsted must repair up to 2,000 wind turbine blades because the leading edge of the blades has become worn down after just a few years at sea.

Siemens Gamesa also does not want to comment on the costs, but the company’s Danish subsidiary has just provided 4.5 billion Danish Krone ($750 million) or 16% of its revenue to guarantee its commitments.

It is far from just the Anholt Park that is affected. The blades at several British Ørsted offshore wind farms must also be repaired after just a few years on the water. —Jillands-Posten, 23 February 2018

Forget Paris: Global Fossil Fuel Consumption To Rise By 20% By 2040, BP Energy Outlook: Under the ET scenario, fossil fuel consumption continues to rise steadily from 11354 Mtoe in 2016 to 13308 Mtoe in 2040, an increase of 17%. The biggest increases occurred in Asia, mainly outside of China. Fossil fuel consumption in the US only falls slightly by 3%. And even in the EU, fossil fuels still account for 59% of primary energy in 2040. —Paul Homewood, Not A Lot Of People Know That, 22 February 2018

In Germany 2017 was the weakest year for solar thermal collector sales in more than a decade, according to the combined statistics by associations BDH and BSW-Solar. Their data reveals that only 78,000 systems were sold last year. The newly installed collector area added up to 625,000 m², down 16 % from 2016 and as much as 72 % from the boom year of 2008. —Sun & Wind Energy, 20 February 2018

George Soros made big investment bets on fossil fuel companies in the fourth quarter of 2017 even though he claims these firms contribute to climate change, according to a Daily Caller News Foundation investigation. —Richard Pollock, Daily Caller, 19 February 2018

The collapse of the oil industry in California, once our second-most-important producing state, is a very sad thing to see. The U.S. shale revolution has completely passed the state by. Although domestic crude oil production has reached heights not seen since the early-1970s, and will actually be setting new records this year, California’s oil output has plummeted nearly 60% since peaking in 1985 — with no sign of reversing. In stark contrast, mighty Texas has seen its crude production triple since 2010 alone to 3.6 million b/d. —Forbes, 20 February 2018

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Comments 7

  1. Colin Megson says:
    8 years ago

    It takes 22,116 MW of the very latest 9.5 MW offshore wind turbines to sputter out the same amount of electricity as the 24/7 electricity generated by the 3,200 MW Hinkley Point C nuclear power plant.

    Capital cost of Hinkley: £18,000 million
    Capital cost of offshore wind: £41,904 million

    O & M costs for Hinkley: £6,437 million
    O & M costs for offshore wind: £29,928 million

    Decommissioning costs for Hinkley: £7,300 million
    Decommissioning costs for offshore wind: £4,424 million

    http://idiocyofrenewables.blogspot.co.uk/2018/01/3200-mw-of-nuclear-power-22116-mw-of.html

  2. Sonnyhill says:
    8 years ago

    The wind industry wouldn’t make it in Ontario if they were liable for real estate devaluation.
    The legal railroading by Toronto is a subsidy paid by innocent bystanders.
    I heard of a farmer who rebuffed an offer for a lucrative lease for a wind turbine on his property. Now there’s a windmill on the other side of the fence. His neighbor took the deal, sold his farm and moved to town. No windmills in town.

  3. MikeW says:
    8 years ago

    Wind power is the most unsustainable power source in the world. The wind power industry consumes more energy in its operations than it can ever produce with its monstrous turbines. The fossil fuels consumed by the wind power industry would generate more power if they were simply burned directly in power plants. That’s why wind power always loses money without subsidies and set-asides. And that’s also why wind power can never make money nor be sustainable no matter what the prices of fossil fuels are.
    Along with being an economic parasite, wind power is the most environmentally destructive power source in the world. From the rare earth element mines in China, to the cobalt mines in Africa, to the wind turbine slaughter of migratory birds and bats, to the fouling of ground and water from lubricating oil leakages, to the health problems from infrasound, the wind power industry wreaks environmental havoc across the globe. No other power source is allowed to pollute the environment to the extent that wind power does.

    • Sonnyhill says:
      8 years ago

      Monstrous windmills are church steeples for enviro mental cases.

  4. Steve Bunten says:
    8 years ago

    The Californians are just fine with it not producing more oil. They seem to think that they can run the economy on unicorn farts or some such magical energy source.

  5. Spurwing Plover says:
    8 years ago

    Lets harness all the Hot Air coming from the various Eco-Wacko groups like Greenpeace,Sierra Club,NRDC,EDF,Center of Biologlical Diversity,Etc and keep us warm until spring

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