Why wind and solar power are running out of juice

The push for green energy and electrification is facing economic and physical challenges, including huge losses for wind turbine manufacturers and cancelation of offshore wind projects, while opposition to wind and solar projects grows and electric vehicle companies face significant losses.

nypost.com

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8/24/2023

SolarEdge not to cut inverter prices as panels become cheaper

SolarEdge Technologies is not planning to reduce prices for its solar inverters, relying instead on cheaper panels to make solar power more affordable for consumers, despite a decline in near-term demand from Europe due to high energy costs caused by the Ukraine crisis.

9/1/2023

The electric car debacle shows the top-down economics of net zero don’t add up

The car industry's expectation of a surge in demand for electric vehicles has been proven wrong as supply outstrips demand and prices tumble rapidly, revealing the misjudgment of the scale of demand; this highlights the flaw in the top-down approach of forcing manufacturers to produce millions of electric vehicles without a guaranteed market, and calls for the arbitrary 2030 ban on petrol and diesel cars to be scrapped. The Government's wind energy policy is similarly divorced from reality as rising costs lead to the abandonment of major projects, jeopardizing Britain's ambitions in offshore wind capacity. Additionally, the campaign to promote heat pumps for homes has been unsuccessful due to high costs and technology flaws, resulting in minimal uptake despite government subsidies. The article questions the viability and fantasy-like nature of net zero economics, while also raising concerns about the lack of protection for productive hi-tech industries in the UK.

9/9/2023

Electric Vehicle Sales Outpace Charging Infrastructure in Many U.S. States

The rapid adoption of electric cars in the US is being hindered by the lack of available charging stations, which vary widely from state to state, potentially slowing down the projected growth of EV sales in the country.

9/13/2023

Biden's Climate Law Spurs Clean Energy Investment, Reshaping Some Consumer and Corporate Spending

Private investment in clean energy projects has surged in the United States following the signing of an expansive climate bill by President Joe Biden, with tax incentives and federal subsidies reshaping consumer and corporate spending in the sector and accelerating the development of automotive supply chains. However, wind power has not experienced the same level of growth, and consumer spending on energy-saving technologies like heat pumps has remained unchanged.

9/22/2023

Headwinds Mount for Green Energy as Costs Rise and Support Wanes

The green energy boom is facing challenges due to fracturing supply chains, higher interest rates, and rising prices, which are testing the commitment of consumers and governments to renewable power.

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Posted 9/2/2023, 2:46:00 PM