Junk Energy in its Purest Form

Interesting article at by “Billothewisp” taking an “engineering” approach to compute the benefits of wind power with respect to regurn on investment, the value of the Renewable Obligation Certificates (ROC), etc. His conclusion:

I hope that explains why these things are being built in wholly inappropriate areas. As long as the Capacity Factor is a pathetic 15% or more then the generators are onto a nice little earner, irrespective of the damage they do to local communities in building their white elephants.

This is not going to get any better. Nothing is going to happen next year or even in ten years which will alter the laws of physics so these white elephants can actually contribute without being propped up by massive subsidies from the consumer.

We are stuck with this for 25 years.

But if our little carpet bagger friends have turbines running at last years average of 22% CF then they are raking it in. But only because of the ROC. Without the ROC the things are wholly unviable.

If the ROC was withdrawn tomorrow, I would bet that nigh on every wind turbine in the land would be scrapped within 6 months.

Junk Energy in its “purest” form.

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