Last week T. Boone Pickens, the Texas billionaire, ditched the “Pickens Plan”, a scheme to build 4,000 MW of wind capacity in Texas.
The same week “Deep” Dalton McGuinty announced plans for Ontario, with Samsung to build 2,000 MW of wind capacity and a few fabrication plants in this province.
Why are these contradictory decisions so interesting? T. Boone abandoned his plans because no financier thought building wind turbines made any financial sense. But Ontario taxpayers are ponying up $7 billion smackeroos for the privilege of doing what no one else in North America will. Continue reading →
Economies of the Third-World are usually defined by “sweat shops” or “branch-plants” operations. The definition has recently been enforced onto the province of Ontario by Samsung’s “Green Deal” as a reminder to all, that the auto-industry “branch-plant” policies of 60’s have just found a worthy successor which — as opposed to the already known perils of car industry – has, in the long run, all the features of setting the Province on the slide into the socio-economic oblivion. Read entire article here
In a signing ceremony Thursday for a $7-billion deal with Samsung to build wind and solar facilities, Ontario Premier Dalton McGuinty said: “This means Ontario is officially the place to be for green energy manufacturing in North America.”
Quite right. Texas lost that title last week when billionaire T. Boone Pickens abandoned his plan to build 4000 MW of wind capacity in Texas — twice as much as the Samsung wind plan — when no financier could see how building the things made any financial sense. Other jurisdictions have also seen plans for wind vanish, along with plans for solar and other forms of renewable energy. Stock prices of most players in the wind industry, such as Broadwind Energy, GE’s supplier, are heading south. Continue reading →
When government and industry talk about green energy, what they mean by green is the green stuff that will be going into the pockets of special corporate and government interests.
In a dramatic move yesterday, Ontario Premier Dalton McGuinty struck a green electricity deal — allegedly the biggest of its kind in the world — that will transmit a subsidy worth as much as $10-billion into the hands of a Korean state enterprise and corporate giant Samsung. Continue reading →
Premier Dalton McGuinty says his $7-billion deal with South Korea’s Samsung Group to create 16,000 new jobs over six years and generate 2,500 megawatts of renewable energy will “make Ontario the place for green energy manufacturing in North America.”
He’d better hope so. That’s a huge price tag to provide less than one-third of the 50,000 green jobs McGuinty promised would result from his Green Energy Act.
At 16,000 jobs (only 4,000 permanent) it’s $437,500 to create each one. Continue reading →
Something is rotten: Despite wind power, fossil fuels still dominate electricity production
Denmark oozes green.
Its capital, Copenhagen, won the moral right to host next month’s climate change summit in good part because Denmark seems to have found the winning balance between growth and carbon reduction. Wind power is coming on strong. Its citizens are willing to pay sky-high electricity prices to encourage conservation. Its hot-water-based district heating system is considered a marvel of energy efficiency. Continue reading →
The government needs to explain why it would agree to pay a private company nearly three times what it pays publicly owned Ontario Power Generation for hydro electricity, the official opposition demanded yesterday.
“Why would your government be willing to pay a private power producer up to 8 cents a kilowatt hour, causing ever-increasing power prices to our consumers, when our regulated power provider, Ontario Power Generation, only receives 3.2 cents per kilowatt hour for their regulated hydraulic resources? Why?” Progressive Conservative energy critic John Yakabuski said during question period. Continue reading →
Access to affordable energy is essential to our way of life, making the upcoming gathering of world leaders in Copenhagen profoundly important. Yet few Canadians possess the level of “energy literacy” needed to understand what’s at stake. Here are a few questions that will help test your own energy literacy.
What is the fastest-growing form of global energy use?
If you said electricity, you’re right. And because coal is the major fuel for electricity, power generation contributes about 21 per cent of global greenhouse gas (GHG) emissions, compared with land, sea and air transportation at 11 per cent, according to International Energy Agency data. Continue reading →
This is in regard to the ‘Green Energy Bandwagon’ and the media’s comments that go something like, “It’s not as if wind power is controversial.”
Wrong, wrong, wrong. More than 4,000 (some say as high as 7,000) of these massive, noisy, 400-foot high industrial behemoths are being erected in the backyards of people living in developed communities throughout south central Ontario, for no practical reason whatsoever. Continue reading →
The Samsung Group is a multinational conglomerate headquartered in South Korea
Toronto Star – A controversial deal between the province and Samsung Group will not die just because its main champion, George Smitherman, is leaving Queen’s Park, insists Premier Dalton McGuinty.
As first disclosed by the Star, McGuinty’s cabinet is split over the provisional agreement with the South Korean industrial giant to manufacture renewable energy equipment like wind turbines and develop wind and solar farms here. Continue reading →
When Toronto Hydro announced on Oct. 23 it had approved building a wind research platform on Lake Ontario, it was supposed to be a vital step toward the development of sustainable energy in the province.
But since then, opposition and uncertainty have left these accomplishments up in the air. The gang-up on Deputy Premier George Smitherman by Ontario cabinet ministers in a meeting last Wednesday prevented a bid by Samsung to build wind turbines in Ontario. This has not only disrupted building progress, which was slated to begin last week a few kilometres off the Scarborough Bluffs, but it has also exposed the lack of legitimate planning in the entire project. Continue reading →
In the PR war over subsidies, the wind industry appears to be waging a dirty war.
When industries look for government subsidies for money-losing propositions, a common business model these days, one of the most important strategic elements is to make sure you have a well-oiled public relations machine to keep the facts from getting in the way. Voters don’t like to back money-losers, which means keeping them steadily misinformed or at least confused. Continue reading →
Excerpts: If, as some believe, wind replaces baseload then economics of wind should be compared to baseload, which makes wind very expensive. Typical average capacity factor for wind is ~20%-25%, while nominal cost is about $2,000/KW. Equalizing for capacity factors, wind actually costs ~$8,000/KW vs. ~$3,500/KW for super-critical coal and geothermal plants, ~$1,000/KW for CCGTs, and ~$5,000-$8,000/KW for nuclear.
We believe plans for sourcing 20%-30% of electricity from wind is foolish. The reasons why the Danes have 20% of their power source from wind are multiple, but one that sticks out is the fact that they are willing to live with interruptible power. [North] Americans, in general, aren’t: asking an [North] American to turn off their air conditioner in the middle of July or August isn’t going to win anyone votes.
Wind isn’t as clean as it’s portrayed by advocates. Part of the back-up power to wind has to be spinning reserves: power plants that burn fuel (typically natural gas), but are not generating electricity. Spinning reserves would typically account for some 25% of the make-up of the back-up power.
In our view, wind makes for good investments, in our view, but not so good for consumers and grid operators.
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“Eventually the obsession of our politicians with tower blocks was seen to be one of the greatest follies of the age. In time to come – it may be sooner than we think – the obsession with wind power will likewise come to be seen as an even greater folly”
Recently released, in The Wind Farm Scam, Dr. John Etherington argues that wind farm technology is a wholly counter-productive and undesirable response to the problems of climate change and electricity generation. Dr. Etherington is a former Reader in Ecology, Thomas Huxley Medallist at the Royal College of Science and former co-editor of the Journal of Ecology. Continue reading →
Wind reduces CO2 emissions at a subsidy cost of about $124 per tonne — one of the most expensive plans in the world
By Michael Trebilcock
Ontarians take note. A detailed new Danish study shatters most of the myths that the Danish-based wind turbine industry has been propagating in Canada and around the world as to the virtues of wind power. The study, Wind Energy: The Case of Denmark by the Centre for Policy Studies in Copenhagen, strongly reinforces reservations that I have noted in previous op-eds in this newspaper. Continue reading →
At the G20 Pittsburgh summit, Canada endorsed a commitment to end subsidies to fossil fuel industries and step up subsidies to renewable energy sources. “We commit to…stimulate investment in clean energy, renewables, and energy efficiency,” said the leaders. If anybody wonders what stimulating clean and green energy programs might mean to economic policy, a working model comes into effect today in Ontario. Continue reading →
All of which means that when the greens call for wind, they are really calling for natural gas. When Ontarians read newspaper headlines in 2015 saying that provincial GHGs are as bad as they ever were, they will wonder how they were so badly fooled by those who said wind is the answer to climate change. Continue reading →
(Ottawa, ON) – Energy Critic John Yakabuski (Renfrew-Nipissing-Pembroke MPP) said today that Dalton McGuinty and George Smitherman have clearly pulled a fast one on Ontario electricity customers. Yakabuski pointed out that the recent request by Hydro One for shocking rate increases is proof that Energy Minister Smitherman was not being honest when he repeatedly claimed that the “Green Energy Act” would only add 1% per year to your electricity bill.
“This is simply unacceptable. How can Dalton McGuinty and George Smitherman allow this to happen?” said Yakabuski. “Have they no regard for what people are going through these days? And worse yet, the McGuinty Liberals will rub salt into the wound when they add a further 8% to your bill with the implementation of the Harmonized Sales Tax on July 1, 2010.” Continue reading →
Simply and damningly: If you don’t ask the question, if you don’t do the analysis, you won’t come up with the ‘wrong’ answer.
If you do, you find that not only does wind fail as a power source. Not that that’s a surprise to anyone who’s prepared to ‘look’. When the wind don’t blow, the power don’t flow. Even more devastatingly, as this analysis shows, the wind not only don’t blow an awful lot of the time. It tends to not blow ‘everywhere’ at the same time.
* They deliberately omit the destructive consequences of wind turbine construction sites, needed service roads and power corridors, especially in wooded environments.
* They deliberately omit the permanent destruction of aquatic habitats and fish migration routes, besides obstructing navigation, at sites where “in-stream” electric generators are installed. Continue reading →
(A shorter version of this article appeared in the Canadian Nuclear Society’s BULLETIN magazine, 2009 June edition)
This article is intended to show how Ontario’s nuclear power plants interact with the grid and how they will be affected by wind generation. Hopefully it will get readers to raise questions about the risk wind poses to the availability of the nuclear units and to the reliability of the grid. Continue reading →
Often, when climate hysterics and global warming alarmists don’t like what I write — but don’t know what they’re talking about and thus have nothing intelligent to say in response — they come back with what they think is their knock-out punch.
It’s always words to the effect of: “I hope you’re happy getting your blood money from the oil companies, Mr. Goldstein. How can you look at yourself in the mirror every morning? Don’t you care about your grandchildren? What happened to journalistic integrity?” Continue reading →
When readers were asked to submit nominations for these Rubber Duck Awards, Ontario Premier Dalton McGuinty scored high. He deserves it. The list of nanny-state initiatives foisted upon Ontarians based on dubious science claims is long and growing.
The province’s new Green Energy Act, one of the more interventionist energy-regulatory regimes in North America, brings in massive subsidies for wind power and solar energy, new electricity pricing mechanisms and regulations that aim to turn the Ontario economy into a carbon-reduction powerhouse. Trouble is, the government produced not one page of scientific proof that the program will cut even one carbon of emissions. Continue reading →