BilloTheWisp – The Obscene Profitability of Wind Power

Due to the pandemic and the virtual shutdown of the national economy the day-ahead wholesale price of electricity has plummeted. But one group of producers has no worries. The subsidy payments received by generators classed as “renewable” dwarf these market prices. Here I’ll just deal with the most outrageous and costly i.e. windfarms. Today almost all wind-farms are subsidised by the now defunct Renewable Obligation scheme (RO). This was replaced in 2017 with Contracts for Difference(CfD) which is arguably even more costly and inflexible than its predecessor. ,, The companies running these wind-farms are over-joyed at their profitability. Truly when comes to acting as money making machines all other unsubsidized generation capacity pales by comparison. >click to read< >Wrecking the Seabed with Offshore Wind, Part1-5<19:56

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