"...Renewable energy rent seekers have been telling us how cheap wind and solar are compared to ‘evil’ fossil fuels – coal and gas – for years.
Now ranting about the cost of wind and solar power has reached fever pitch.
...Thanks to a slip by GE, Donn Dears is able to run the numbers on claims that wind power...
In addition, it only costs $1,000 per KW to install a NGCC power plant, so it cost 5 times more to install all 3,424 wind turbines as it would have to install 5 NGCC power plants to get the same amount of electricity.
This would save over $15 billion of investment.
Wind turbines are a terrible waste of money.
...Thanks to a slip by GE, Donn Dears is able to run the numbers on claims that wind power...
Analyzing GE’s Annual Report...In this case, it is approximately $2,000 per KW.
...Based on a CF of 82 for an 800 MW, NGCC power plant, it would only require 4.6 NGCC power plants to replace all 3,424 GE wind turbines installed in 2019.In addition, it only costs $1,000 per KW to install a NGCC power plant, so it cost 5 times more to install all 3,424 wind turbines as it would have to install 5 NGCC power plants to get the same amount of electricity.
This would save over $15 billion of investment.
Wind turbines are a terrible waste of money.
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