Europe’s Largest Wind Farm Facing Bankruptcy

By Paul Homewood

h/t Joe Public

 

 

More bad news for the wind industry:.

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https://twitter.com/IntermittentNRG/status/1723692080801710475

What is different about this one is that the PPA forces the wind farm to buy power on the spot market, when the wind does not provide enough:

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In other words, the wind farm is obliged to pay the costs of its own intermittency. And, of course, when wind power is low, spot market prices rise.

This highlights the worthlessness of wind power, as when there is plenty of wind, the value of the product is low.

In this country it is energy consumers who have to pay the costs of intermittency, something which needs changing.

via NOT A LOT OF PEOPLE KNOW THAT

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November 12, 2023 at 01:18PM

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