Greens Reframe Spain's Green Bankruptcy Fire Sale as "Renewed Interest"

ANd people still believe this spin and are angrily dedicated to it.

In order to keep growing, however, they need money.

Only the greens would regard taxpayer-funded subsidies as economic growth

Remember the Dot Com bubble burst. The S&L bubble burst. The housing & banking bursts? Be prepared for a green bubble burst. If we enter a cooling trend and the systems fail, then who gets left holding the bag? The investors? Nope – they will likely get a government bailout. Nope – again, and again, we pay for the foibles of others, because they have inside contacts. A political donation goes a long way, these days? The truth is coming out about the power plays behind the scenery. Bull-feathers!

Oh boy, when KKR comes in you know things are going to burn

Most journalists and politicians never fail to amaze me when they comment on our UK Energy and Power problems. They parrot whatever the Green Industries tell them, whilst the Industry and its supporters avoid the open free competitive commodity market that the Energy/Power market was, and should still be. They are being allowed to distort, and even destroy such an essential market mechanism with fraudulent publicity, subsidies, tax breaks and even minimum price guarantees – all directly or indirectly paid for by us.
The Industry and their supporters, as well as almost all Ministers and MP’s, never advise us of the real total costs to us all resulting from the use of renewables such as Wind Turbines which, as an engineering system comparable to the base load fossil fueled plants being replaced, require essential dedicated duplicate capacity and inefficiently run Gas Turbine standby plants to maintain ongoing power supplies during frequent no/low wind conditions. They also need enhanced and additional Power Transmission works to connect remote WT’s to the areas of actual Power Demand.
Overall we are presented with an unnecessary and over-expensive total UK Power Generation system cost where no amount of R&D tinkering with actual Wind Turbine engineering inefficiencies will ever make the use of WT’s within this system economically viable – they will still be a burdensome cost and are also environmentally ineffective. The total Wind Farm comparable base load system, including the above mentioned essential additional works, will never compete with other available base load power generation systems. There is a massive insurmountable cost difference between such a WT/inefficient GT standby/Transmission Line base load system and, say, an efficient GT base load system acting alone which requires no such necessary additional works.
In addition, the Industry and these same journalists and politicians never tell us that these UK WT’s will only save us a small fraction of CO2 compared with running their standby GT’s alone as base load units which, in turn, will generate a global CO2 saving of an even smaller fraction of the ongoing increasing levels of global CO2 emissions from the Developing Countries for very many years to come. This renders the inclusion of WT’s in the UK Energy Policy environmentally totally ineffective – even if reducing CO2 levels was necessary! We cannot isolate the UK’s atmosphere from the rest of the world!
These same people also never explain that efficient GT’s operated inefficiently as WT standby units also require subsidies because such GT operation is otherwise not commercially viable. Inefficient WT’s require subsidies which generates a need for GT subsidies – an obscene situation! This is yet another unnecessary cost that the taxpayers and consumers have to bear! You couldn’t dream this up even in your worst nightmare!
Most journalists and politicians then wonder why UK industries and manufacturing continue to decline, skilled and better paid jobs become scarcer, all our prices keep rising, exports have at best stalled, our debts keep rising and our Balance of Trade gets decimated! Neither do they seem to understand why the Power Generation companies back off from the heavy R&D investment normally needed to continually discover and develop the innovative engineering solutions which will improve process efficiencies, and even provide new processes – all of which will drive down their unit costs, maintain their market share in their cost leadership market and provide commercial survival. Any such proper Power Generation R&D investment would directly assist in maintaining and improving UK competitiveness, and sustain and recover strategic industries and exports.
Why should these Renewable Energy/Power companies pay for this essential R&D work, when the politicians maintain the present crony capitalism soft market and simply require taxpayers to pay increased costs to the Power Suppliers to carry on with what they are doing and what they are getting away with. There is little, if any proper commercial pressure on them and little real competition.
Better paid, higher skilled jobs are also not generated by these renewables, but are in fact destroyed by them – as now identified in many countries, because of the resultant unnecessarily high energy and power costs they generate which in turn drive up all domestic, commercial and industrial costs and overheads and which, in turn, drives down competitiveness. UK WT exports are also a pipe dream as are UK Solar Power Units; both are similarly grossly expensive non-base load Power Generation systems. In the USA and elsewhere in the West, they are not commercially viable without massive subsidies and many large companies have failed once subsidies are reduced let alone removed entirely. The Developing World can produce them more cheaply given their lower cost bases, the extent of the Technical Transfer to them over the last 30 years or so, and the amount of money they, themselves, are spending on R&D!
Some politicians, even Green Industry supporters, only now ask for more efficient and cheaper renewables, but this is 20 years too late, and is only starting now because they and the present renewable supplier/operators can no longer sustain their lie that renewables are cheaper or will soon be cheaper or that they will generate a net increase in skilled jobs and promote exports. We have already squandered £billions on this Green mirage and lost thousands of skilled jobs to this religion – all to our ongoing disadvantage! The Industrial Revolution continually illustrated the benefits of open competitive free market mechanisms in this Industry: wind replaced horse power, water replaced wind power, steam replaced water power, electricity fueled by coal, gas, oil and then eventually nuclear power replaced earlier forms of electricity generation etc., etc. All this was driven by Suppliers’ self-interest and their ongoing essential need for greater system capacities and cheaper unit costs which were required for them to survive in a highly competitive business environment and without any subsidies, tax breaks or guaranteed minimum prices.
Cut out all subsidies, tax breaks etc. and include – if needed, a tax based on an agreed present day value cost per tonne of CO2 generated by each base load Power Generation system for advised future works ultimately needed due to the supposed future effects of CO2, and then let the market decide! Stern and others have already carried out such a present day CO2 cost estimate. However, such an environmental cost “benefit” from renewables such as WT’s goes nowhere near making WT’s commercially or environmentally viable in a competitive free market. What it does show is that allocated subsidies to the Power Generators, funded by such taxes, based on their CO2/Gwhr power generated compared to, say, replaced Coal Fired Power Stations is only a fraction of 1 pence per Kwhr, and not the extortionate subsidies being handed to them daily!
Fracking in the USA demonstrates what benefits true open free competitive market mechanisms can still be provided in this Industry by way of cheaper gas and cheaper power from Gas Turbines, and with resultant uncompetitive Coal Fired Plants shutting down. A direct result has been the re-generation of previously failing or failed strategic industries with their highly skilled, better paid jobs – all driven by lower energy/power costs. Surely this is something simple enough even for our politicians and mainstream journalists to understand!
The Greens and Power Suppliers should be promoting only UK R&D investment in true cost effective base load renewable Power Generation Systems such as Thorium Reactors and, in parallel, Gas Turbines using the cheaper gas now increasingly available to fill the Energy Gap in time until fossil fuels such as gas become scarce or too expensive and until such time that Thorium Reactors Power Stations are available. The Chinese and Indians already have High Level Thorium Reactor R&D Programmes based, initially, on the USA’s proven Pilot Trials in the 1970’s, so why can’t we? Uranium Reactors are now far too expensive, too complex, of increasingly doubtful safety, take too long to complete and will now be too late to fill the UK’s Energy Gap. They also have massive “hidden” de-commissioning and toxic waste management costs.

REPLY TO benben “ the US has almost no renewables ”
The USA is a big and diverse place. Instead of “no”, try “only a small percentage of.” However, here is an interesting chart for parts of Oregon & Washington:
http://transmission.bpa.gov/business/operations/wind/baltwg.aspx
The blue line at the top is “Hydro” while the green line at the bottom is “wind.” A High Pressure system just settled over our region and the wind turbines have stopped. The chart is updated every 5 minutes.
My electricity is from water or hydro-power and some folks consider this renewable. Because of wind or drunk drivers taking trees or poles down, my electricity has been off about 4 times (a few minutes or hours each time) in 25 years.
Meanwhile, Venezuela cut power for four hours a day to save energy and it is not because the rain has stopped.
http://euanmearns.com/?s=Venezuela

Re: BenBen’s comment above:
This was the true picture of the German disaster by the end of 2013:-
New German Goverment Scales Back Renewables Policy 16/12/13 Bloomberg
EU Launches Probe Over German Renewables Law 13/12/13 Reuters
Germany’s New Government Embraces Coal To Counter Rising Energy Costs 12/12/13 Arne Delfs, Bloomberg
German Households Face Annual €30 Billion Cost For Green Energy Subsidies 05/12/13 Daniel Wetzel, Die Welt
The Poor Need Cheap Fossil Fuels 04/12/13 Bjorn Lomborg, The New York Times
Germany Plans To Curb Green Energy Transition 01/12/13 Deutsche Welle
Germany Sets Out Plan To Rein In Surging Green Energy Costs 28/11/13 Henning Gloystein and Christoph Steitz, Reuters
It has got a lot worse since then.