Tuesday, 10 August 2010

A Bonfire Of Waste 100 Billion Burnt By Big Government Renewables Mismanagement

A Bonfire Of Waste 100 Billion Burnt By Big Government Renewables Mismanagement
Renewables, are not just inefficient, unnecessary, and deadly to wildlife, but they were also a disaster of planning and management. The list of dollars and euros destroyed in the Glorious Renewables Quest has gone "nuclear". The World Economic Forum estimates 100 billion Euro has been wasted, but its even worse than it looks. I had to read their opening sentence twice. I thought it read "European countries could have saved approximately 100 billion if each country had invested in the most efficient energy source." I was thinking they could have saved that sort of money by using coal instead of windmills but no, those huge savings would be over and above those ones. The WEF is talking about money saved if "badly managed renewables, had been "well managed ones".

The inefficiency here is the scale only big-government could achieve.

The Energy Collective Europe Loses Billions in Badly Sited Renewable Power Plants

European countries could have saved approximately 100 billion if each country had invested in the most efficient capacity given their renewable energy resources, that is, by installing wind turbines in windier countries and solar power plants in sunnier places. But why would we be surprised? [...]

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