Great Reset unravels? Germany is thinking of using Green subsidies on weapons of war instead

By Jo Nova Remember how the war with Ukraine was going to accelerate the green energy revolution?

The Flakpanzer Gepard needs more ammo, not solar panels. Photo By Hans-Hermann Bühling

For some reason, unreliable wind and solar power are not helping German industry build more tank ammunition. Instead, the federal government is allegedly talking to the state governments about taking green subsidies and spending the money on factories to build shells instead. And they are building those factories near the coal plants.

Just a couple of weeks ago, the chief of Germany’s army warned that sending weapons and arms to Ukraine has left military stockpiles “bare”.

Germany led the way in the great Green Energiewende transformation spending in the order of €32 billion a year, every year, in a quest for green electrons. Instead of creating peace on Earth and better weather, it just made the legendary economic powerhouse of Europe weak and vulnerable.

Tell the world, if the Germans can’t run a nation efficiently on “renewable” power, who can?

It’s perhaps not the Reset Klaus had in mind:

Great Reset Fail? Germany Mulls Diverting Green Agenda Cash Aimed at Killing Coal to Arms Industry

Kurt […]

Soviet electricity: UK faces blackouts, blistering costs and still has to pay wind farms £1b to do nothing

By Jo Nova

Imagine an energy system so broken that the government forced The People to buy generators that only work (randomly) 30% of the time and told them they would still have to pay the generators even when their product was useless.

Britain wasting ‘millions a day’ in energy as wind farms told to turn off while bills soar

The UK has been squandering an estimated £1billion a year in energy as the National Grid’s infrastructure cannot handle the volumes of clean power currently being produced.

By ANTONY ASHKENAZ, Express

Imagine that the government told The People that this would make their electricity cheaper (and people believed them!).

In the UK people are forced to pay unreliable generators for electricity that comes when no one wants it. No doubt this was built into the contract from the start to stop investors from fleeing for the hills.

Imagine an investment so bad that the seller has to pre-arrange payments for all the times their product is useless or it wouldn’t be worth building in the first place. There’s a message in that. (Don’t build it.)

To put arsenic-icing on this cake, the wind farms that […]

Forget “implicit” subsidies: Fossil fuels subsidize the whole world: feeding people and forests for free

The latest academic voodoo doll tossed at Fossil Fuels is a study claiming that the industry gets $65 billion in “implicit” subsidies in the US.

The authors of the latest paper assume the broken climate models work, and then guesstimate what the cost of all that theoretical warming would be with economic models that aren’t much better. It’s a paywalled paper, but they don’t appear to account for all the net benefits of coal, oil and gas which include, keeping people alive and fertilizing forests and fields around the world for free. These aren’t guesstimates from the future but known good and great gifts from the last century or two.

Greening the Earth. Zaichun Zhu, (2016)

Send them the bill: the fossil fuel companies are subsidizing taxpayers

How much is a hundred years of free fertilizer worth?

If only academic institutions were more than Big Gov advertising agencies they might also have considered that fossil fuel companies are never paid for their part in boosting agricultural yields, nor in greening the forests. Some 18 million square kilometers of Earths surface has more biomass. Arid regions of the world are 11% greener, mostly thanks to CO2 and deserts are […]

Solar Power hits the death spiral vertical rise in Australia

Solar installations are rapidly accelerating in Australia, surging in the last quarter by an extraordinary 482MW. This is partly due to rapidly rising electricity costs, but in the last quarter, especially amplified by an extra $2250 subsidy in Victoria which adds to current subsidies like the SRES (RET) which already cover around half the cost of installation.

This is obviously a market destroying practice but will be hailed as evidence that solar power is “surging” due to “falling prices” and “increasing demand”. More fake news.

In the land of the Renewable-Crash-Test-Dummy we’re hitting the death spiral. Every installation costs non-solar owners more (with the tally at $200pa and rising fast) and there are fewer non-solar owners left to pay. Obviously, the whole market has to be changed to ensure that solar owners pay a fair share of networking and backup costs.

If solar power was cheap, useful or competitive, it wouldn’t need the subsidies. Instead, the nation keeps adding more useless infrastructure and wondering why the price of electricity is rising.

Solar panel installations, Australia, Graph.

Data: Australian PV Institute

The tally of solar stupidity

Solar is inefficient, wilderness destroying, money-hungry, useless, grid wrecking equipment

Without subsidies the German […]

Solar subsidy death spiral: $2 billion in Australia, rising 50% pa as electricity prices rocket

A few Australians are just beginning to realize that they are paying for their neighbour’s solar panel. As news spreads, the shine of good-citizen-solar is going to tarnish fast, but it is going to take a concerted campaign to spread the word.

In one corner are 2 million households which have solar PV and thought they paid for it themselves. In the other corner are 7.5 million households which have exorbitant electricity bills. And in every corner and all across the spectrum is mass confusion thanks to the mass media. The fog of advertisements disguised as “news” means if you ask a dumb-enough-question 70% of Australians will say they want the government to set a high RET target to make electricity cheaper. It’s almost like 2 out of 3 people think we need the government to force us to buy cheap stuff, because everyone would buy the “expensive” planet killing volts if we only had the choice. Doh.

That’s $200 per household (and the rest!) added to the electricity bill in 2019

This is just the direct SRES (Small Renewable Energy Scheme) cost. It doesn’t cover the burden of stabilizing the grid, of covering the cost of baseload power […]

Australian Doublespeak: a policy “vacuum” still means $billions in renewables subsidies

From the headlines you might think Australia is going to stop giving free money to Renewables shareholders from 2020:

Australia abandons plan to cut carbon emissions

Scientists say this move amounts to walking away from the Paris Climate agreement.

— Adam Morton, Nature, Sept 2018, vol 561, page 293

Australian energy policy vacuum beyond 2020 officially confirmed

An energy policy vacuum in Australia beyond 2020 is now looking inevitable, with the baseload-focused reliability guarantee the sole remaining piece of the shelved National Energy Guarantee the Coalition government is hanging onto.

–PV Magazine Australia

My reading is that this is wild exaggerated spin (and that Nature used to be a science journal). Remember that Kevin Rudd signed away $7 billion dollars in a flick just before he left Parliament. He extended the RET subsidies to keep drawing from your electricity bills til 2030:

Electricity customers face an extra burden of between $3.8 billion and $7.5bn in “windfall” subsidies for renewable power generators in the next decade ­because of the stroke of a pen in the last months of Kevin Rudd’s prime ministership. Against advice from consultants, energy companies and […]

Ten years late the ACCC says rooftop solar deals must stop

The ACCC is a powerful body created to protect consumers in Australia. Now, after ten years of poor people being forced to pay for middle and upper class solar panels in a kind of semi-secret subsidy-tax, NOW, it says maybe it is time to stop?

Go ACCC.

Competition watchdog calls for solar subsidies to be axed

Ben Packham, Sam Buckingham-Jones, The Australian

The Australian Competition & Consumer Commission’s electricity affordability report reveals the huge cost of environmental schemes across the National Energy Market, including the large-scale renewable energy target, the small-scale renewable energy scheme and solar feed-in tariffs.

The schemes add a combined $170 to household energy bills in South Australia, $155 in Tasmania, $109 in NSW, $93 in Victoria and $76 in Queensland.

The ACCC waffles some reasons:

The ACCC said the costs associated with the LRET were expected to fall significantly after 2020, and did not recommend any action to wind up the scheme before its 2030 end date. But it said the SRES, which cost $130 million in 2016-17, should be wound down and abolished by 2021, almost a decade ahead of schedule, to reduce costs for consumers.

[…]

Junk generators: 2 million expensive solar panels cut Australian total CO2 emissions by 1%

Solar panels across Australia reduce our emissions by almost nothing.

The ABC is whipping Gorgon for not getting carbon sequestration to work, claiming that this is a crisis that will wipe out the entire “gain” from installing two million solar panels across Australia. What the ABC don’t say is that the entire infrastructure of solar panels (on 20% of Australian homes) is only reducing our CO2 emissions by one pointless percent. So the Gorgon delay in achieving the impossible is likewise irrelevant. Australian emissions are rising at 1.5% pa now anyhow.

In terms of our national emissions, the real question is if we shut every solar panel in the nation would anyone notice?

Despite the $1.1b budget, the ABC could have got this bigger and more useful perspective for free from any number of skeptics, none of whom it tried to interview.

With minimal training in arithmetic ABC staff could even have figured it out for themselves. Instead, as per usual, the ABC provides free advertorials for green-industry hacks, with no hard questions and little research.

Can someone please explain to ABC investigative journalists the difference between a megaton and a ton? All they had to do was graph […]

Even in sunniest Queensland, solar can’t run without big subsidies — so big they have to be kept secret

Solar is so competitive that the Queensland government has to pour in money to keep solar developers from running away.

How much money? Who knows. Whatever it is, it’s so big, the government has to keep it a secret.

Queensland taxpayers kept in dark as they prop up solar firms

MARK SCHLIEBS, The Australian

The Queensland government is concealing its financial support for large-scale renewable energy projects, guaranteeing subsidies to solar companies that do not ­appear on balance sheets.

With an expert panel previously finding the government would need to spend between $500 million and $900m in subsidies to meet its 50 per cent renewable energy target by 2030, there are now calls for spending to be made public.

The government has struck four deals with major solar-farm developers, under “contracts for difference”, with floor prices nominated for the sale of their ­energy in order to attract finance. When the market price falls below that threshold, the government has to make up the difference.

Luckily for Queensland taxpayers — who don’t know how to spot a good investment or the energy source of the future — the Government can spend their money for […]

Bill shock debacle: Solar rooftop subsidies in Australia doubling, will cost $1.3 billion this year, $160 per household

And we wonder why electricity bills are rising?

Many Australians don’t realize that those without solar panels pay are forced to pay for those who do through their electricity bills. That pain point is about to launch itself above the horizon and into public view. For those readers with solar panels (there are a lot) this is not about you, this is about the system. Our badly managed grid is now so obscenely inefficient and expensive, droves of people are installing solar panels because they feel they have no choice.

Tony Abbott says “Australians are paying too much for our emissions obsession”.

NSW MP Craig Kelly: “It’s effectively a reverse Robin Hood scheme where we are ­increasing the electricity prices on the poor to reduce electricity ­prices for the rich.”

As Jo says: We could have put that billion into a new hospital. Instead we put magic squares on our houses, hoping to get nicer weather.

Solar Subsidies must end Solar Panels on Australian rooftops cost electricity customers $500m last year, and are projected to cost a staggering $1.3 billion this year:

The Clean Energy Regulator has released figures showing that more than 1057 megawatts of ­capacity was […]

Canberra man uses subsidies, “invests” $20,000, still pays $700pa in electricity. Hopes to break even in 14 years.

A fairly crappy investment in every sense — even as a “subsidy farmer”:

…renewable energy proponents say individual consumers like Mr Pulford could play an increasingly important role as citizen investors.

“I say it is a little bit gold plated,” Mr Pulford says of his $20,000 investment.

‘The new system was installed last month and he is already generating enough power to run all his home energy needs, charge his son’s hybrid SUV and sell excess back to the grid. “It ranges between $2 to about $1.90 a day for energy and that can be with the clothes dryers and bar heaters on.”

Mr Pulford said he expects to pay off the investment within 14 years.

He’s excited that his electricity bill is only $700 a year, after laying out twenty grand. After 14 years his “investment” will start to pay off, assuming the batteries are still running, the solar panels are clean, and the inverter didn’t need replacing. Those battery warranties, at best, are ten years. He might get lucky. Without subsidies, his “pay-back time” would be something like 30% longer.

In the ACT, 250 homes with Reposit technology […]

Rooftop solar destroying baseload profitability and proud of it

What other heavily subsidized industry brags about its ability to provide a product for one quarter of the time it’s needed? Vale sunny-day-solar!

Pick a day, an hour, and what are the chances solar will be there for you? A lot less than one in four, because last Monday’s peak in South Australia was an all time record. Every day in the last year was worse.

And so much for cheap… the price when solar power peaked was still close to $50/MWh. Compare that to most of the years of the national electricity market operating when average prices were $30/Mwh.

The price dip at 6am (the black-line bottomless gully), has nothing to do with solar, but was caused by wind power. Far from being useful, essential, or productive, solar and wind power are playing havoc with a normal market, destroying the chance for cheap, reliable energy to find a place. As long as we force the market to accept this non-dispatchable supply, we are actively punishing reliable power. What investor in reliable energy would look at this and head to South Australia?”

 

Giles Parkinson was excited at Reneweconomy: Rooftop solar provides 48% of South Australia power, pushing grid […]

Taxpayers give $300m to Saudi billionaire for solar plant that makes 2% of old dying coal plant’s power

It will only take 50 plants like this, and $15 billion spare dollars, to replace the Liddell coal station (8,000GWh), now slated for closure in 2022.

$300m handout to Saudi tycoon for solar farm

Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired power stations alive.

AGL’s controversial Liddell coal power station in the NSW Hunter Valley generates 50 times as much electricity as the Moree solar farm in the state’s north, which stands to gain big subsidies from households from higher electricity bills until 2030…

But we need more chinese-built glass panels that make green weather-controlling electrons.

Lucky solar power is so competitive. Look at the money roll…

The Moree solar farm generates 150,000 megawatt hours of electricity a year, about 0.08 per cent of the 200 terawatt hours produced on the national electricity market every year. The project is forecast to collect about $50m in payments over the next four years and $90m in the following decade under the existing […]

Japan: Fifty solar PV companies already gone in 2017 as subsidies end. Coal soaring.

What’s the word for competitive-but-needs-a-subsidy? Broke…

One hundred solar PV companies are forecast to collapse in Japan this year alone.

Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of this year than the same period in 2016.

According to corporate credit research company Teikoku Databank, which surveys companies across various industries and has produced its third report on solar PV company bankruptcies, 50 companies in Japan’s solar sector have already gone out of business in the first six months of 2017.

While the market overall has rapidly expanded from the launch of the feed-in tariff (FiT) in July 2012, Teikoku Databank acknowledged that there has been a slowdown in deployment in the past couple of years as the government successively made cuts of 10% or more on an annual basis to the premium prices paid for solar energy fed into the grid.

Bankruptcies have doubled in the industry since last year.

Meanwhile Japan plans to build at least 45 HELE Coal Plants.

Check out the map of “coal in versus coal out” in Japan. For […]

Nevada reversal: solar earnings rate drops from 12c to 2c — May “destroy rooftop solar power”

If only solar generation was affordable?

In Nevada there is a lot of sunlight and a lot of solar panels, but they generate electricity at a cost of 25 – 30c per kWhr. With subsidies and tax benefits, the cost “falls” to 15c. (In this context, the word “falls” means “is dropped on other people”.) But the retail rate for electricity is 12.5c. So having solar panels doesn’t help you much unless you can sell that excess electricity, which the state of Nevada was buying at 12.5c. That price sounds fine and dandy til we find out that they could have bought the same electricity at wholesale rate of around two cents.

So Nevada has decided that’s what the state will pay… 2c, not 12.5c. The latest decision is to apply normal free market rules. Nevada will now pay wholesale rates for electricity. No more shopping for boutique electrons.

Taking into account all the tax cuts, subsidies and total costs, who would have thought that paying 15 times the wholesale rate for electricity would be economically unsustainable?

Battles Over Net Metering Cloud the Future of Rooftop Solar

One of the fastest-growing markets for residential solar, Nevada is the […]

Renewables subsidies are slashed in UK. Solar, Wind, Hydro industry “shocked”

Renewable power is always as “cheap as coal” except when subsidies are slashed, then it’s “the end”, “terrible”, and “fragile”.

If only renewable power could actually compete with coal.

Greenclick tells us the UK solar industry is “reeling” in “shock and anger” as the UK conservative government cuts the renewables feed-in tariff there by as much as 86%. Even for the hydro industry (about the only renewable industry that can survive on its own), the news could spell the “end”.

Joss Blamire, Senior Policy Manager at Scottish Renewables, which represents more than 300 green energy businesses, said: “The proposals in the Comprehensive Feed-in Tariff Review are, quite simply, terrible news for homeowners, businesses, communities and those local authorities which have plans in place to develop renewable energy schemes.

“The levels of reduction in support announced today will severely curtail development of small-scale onshore wind and solar projects and endanger jobs and investments across the country.

“The cuts could also spell the end for much of the hydro industry, which has enjoyed a recent renaissance but relies more heavily on Government support because of the length of time taken to develop projects and the sector’s […]

One million useless solar panels

Only five years ago Australia had a mere 20,000 solar systems installed on homes across the country. Now thanks to a Gonzo-Big-Daddy-Government we have over one million solar systems, almost all of them producing electricity that could have been made for something like a fifth of the price with coal.

The Clean Energy Regulator spins it as though wasting money on inefficient equipment in the hope of reducing world temperatures is a good thing for Australia.

“…the Clean Energy Regulator, which estimates that those solar energy systems provide power for around 2.5 million Australians. With a population of around 23 million, that means over ten percent of the country benefits from solar power.”

So 10% of Australians benefit from solar, and 90% pay for it?

“The regulator also says the installations have saved Australians about half a billion dollars on electricity bills!”

The regulator doesn’t say how much Australians had to pay to “save” a half a billion dollars.

In Dec 2011 The Productivity Commission estimated $777m in one year alone:

At the prevailing REC prices, this effectively provided an up-front capital subsidy of $777 million to solar PV systems in 2010.

[…]

Clean energy “investments” just a tiny $243 Billion in 2010

Click on the image to go to a fully interactive infographic where you can find out just how much money people have buried, I mean, invested in clean energy in your country. It’s nifty.

Have you ever thought about how lucky we are that only kind-hearted helpful souls are involved in the erstwhile cottage industry known as “renewable energy”?

Imagine if a less-than-scrupulous agent got into these green-fields of money, and frolicked in the vast acreage of subsidies, schemes, and easy loans? Where would we be? The public would think the people and the industry were here to save us, the industry could prod levers of government to encourage more subsidies and pro-renewable energy legislation. The “cottage” industry could also pay for and help write reports that the government then used in order to convince the people to put more of their goods and chattels in the public-trough. In variations on the circular theme, the industry could apply for grants from the government to help pay for the reports it wrote for the government to help it earn even more subsidies, or to cripple it’s competitors. (eg. See here).

Thus deadly positive feedback would spiral out of control.

Then […]