What is BigWind doing to electricity costs in Europe?

If you still believe that BigWind is a great energy resource, consider this simple explanation of it…

By law a family has to purchase two cars: one works well all the time, is cheap to buy, cheap to maintain and does not cost too much to run. But the other is very expensive to buy and only works about 1/6th of the time. However the fuel costs are very low. But by law the family is forced to use the expensive car if it is working even though it may well let them down at any time. At the same time the cheap car must be kept idling, using fuel but doesn’t go anywhere.

Does this make sense? No and neither do wind turbines dotting our landscape….

Some Conclusions

European nations have already committed massive investments to Renewable Energy, Wind and Solar power.

According to Renewable Energy industry sources, conservatively in capital costs alone, this amounts to at least ~€0.5 trillion but this only provides ~2.9% of European Generating capacity.

Renewable Energy installation costs are about 16 times greater than comparable Gas Fired generation.  

By 2013 his investment has resulted an installed Nameplate Capacity of ~169Gigawatts which is capable of producing a “nominal” ~30Gigawatts of electrical Generating Capacity in reality, that is 17.5% of the its nameplate capacity.

As is well proven in France, the most effective way of controlling and reducing CO2 emissions, if it were needed, is by using Nuclear power for electricity generation. CO2 emissions per head in France now stand at ~75% of those in China for the whole Chinese population of 1.4 billion.

At the resulting price €16.87 billion/Gigawatt for Renewable Energy, replacement of the 1024GW European Generating fleet would cost about €17.3trillion, a sum close to the whole annual GDP of the European Union.  This capital sum should be compared to an approximate cost of about €1trillion for the replacement of the whole European generating capacity by conventional generation capacity. 

But the “nominal” 30GW of Renewable Energy production is not really as useful as one would wish, because of its production is intermittent and non-dispatchable.  

These uneconomic investments have been promoted and supported by government subsidies and other artificial government market manipulation.  

Without its government subsidy structure Renewable Energy would not be financially viable as a source of electrical energy.

But the expense of those policies has been loaded mainly on the electrical bills of Electricity customers, private individuals or industry:

these policies have already caused very substantial hardship to poorer individuals in European society

 

these policies are severely damaging the competitiveness of European industries.

Charting the costs and effectiveness of Renewable Energy in Europe | edmhdotme.

http://notrickszone.com/2015/02/08/analysis-shows-wind-and-solar-power-in-europe-is-on-average-16-times-more-expensive-than-gas-fired-power/#sthash.AjrNZ02s.dpuf

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