T Boone Pickens Plans Massive Wind Farms Instead of Foreign Oil
Tuesday, July 8th, 2008What is it with the wind-power fanatics? Apparently, T Boone Pickens at www pickensplan com thinks America can build enough wind turbines within 10 years to replace 22% of the total energy needs of the USA! Does that seem fanciful to anyone else?
Here in the UK we’re committed to spending billions (£100 billion? $200 billion) on wind power, including building them at sea, which is a very tricky thing to do. We’re already subsidising each and every turbine being put up and the electricity they generate. Amazingly, we even fall for the marketing hype from the turbine manufacturers who quote “installed capacity” instead of the actual real-world output which relies on the wind to be, like, blowing. We also need backup power stations, presumably running “hot”, for when the wind isn’t blowing.
In the Telegraph, Christopher Booker says, “I have spoken before of “the great wind scam”, and how its only beneficiaries are the developers, who now make nearly twice as much money from the derisory amount of electricity their turbines produce as the companies that provide 99 per cent of our power by conventional means.
For each megawatt of capacity, a windfarm developer gets on average £130,000 a year from selling his electricity to the grid, plus another £109,000 a year in subsidy paid by the rest of us in higher electricity bills under the Government’s “renewable obligation” scheme.”
So what does T Boone Pickens say to that? Is the situation different in the USA because the wind always blows a gale down the Rockies… or is it the case that he is a tycoon developing wind farms and they earn a fortune in subsidies? In his movie he says, “we’re building a big wind farm here, at Pampa Tx, which will be the largest in the world” (movie is at www.pickensplan com). Hmmm.
I just found this. 25% ROI with little risk. Hmmm.
What do you think? Is Wind Power too expensive? Are we being ripped off in the name of “green” energy? Is there a better solution?
