Zerohedge;

The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in constructing wind turbines are facing massive losses and write-downs and cancelling big offshore wind projects. Brace yourself for demands for even more subsides to the failing industry.

The green energy subsidiary of German electrical equipment giant Siemens just reported Thursday that it lost nearly a billion dollars in the last quarter.

I know I posted this last week, but it feels good to give it a second kick.

According to the Pollock limit, wind cannot deliver to a grid more on average than 25 of its plated capacity. Take a small isolated town of 10,000 households. It requires a constant supply of electricity of 12MW. Don’t ask why it needs as much electricity of a night as of a day, it doesn’t matter. It pays a government-subsidised carpetbagger to build six turbines close by with a nameplate capacity, all told, of 12MW. Part of the time it’s windless and little or nothing is delivered. Part of the time the wind is optimum and 12MW are delivered. On average per hour over a year 3MW are delivered. Luckily the town has diesel generators.

Let’s build another six turbines says the Mayor…

Related: Scottish Power admitted 71 of its windmills were hooked up to the fossil fuel supply after a fault developed with their power supply.

HAHAHAHAHAHA: Truckmaker thinks adding touch of gasoline could be solution to battery-powered pickups’ towing and cold-weather concerns

Australia.

Sun Cable, the company behind a massive solar farm and power export project planned for the Northern Territory, has gone into voluntary administration.

Key points:
– The company’s ambition was to build the world’s largest solar project
– Its plan was to build a giant 20-gigawatt solar farm in the NT
– Sun Cable also wanted to build a 4,200-kilometre-long subsea cable to Singapore

The company, whose major investors include billionaires Mike Cannon-Brookes and Andrew “Twiggy” Forrest, provided a vague statement about why it collapsed:

“The appointment followed the absence of alignment with the objectives of all shareholders,” it said.

“Whilst funding proposals were provided, consensus on the future direction and funding structure of the company could not be achieved.”

The ABC understands that Sun Cable’s major investors, Mr Forrest and Mr Cannon-Brookes, had disagreements about the funding and direction of the company.

These included the significant amounts of cash that Sun Cable was spending, and its failure to achieve certain milestones — as required by its venture capital funding agreement.

The planet weeps.