| > That truly does not make sense Reality doesn't have to make sense to you. > renewable subsidies are being phased out around the world Nope. Countries are trying to phase out renewables subsidies. And failing. Recently, the UK, Denmark and Germany have had offshore-wind sales with exactly zero bids. > fastest growing energy source in human history. People love those delicious subsidies. > In contrast nuclear power is backsliding Nope. > and the few projects which get green lit have insanely large subsidies attached. Only in markets that have been thoroughly distorted by subsidies and other preferential treatment for intermittent renewables. |
I find it interesting how someone so smart can just lie through their teeth.
Now you’re trying to paint the entire renewable industry, solar, storage, onshore wind etc. with the paint brush of off-shore wind.
The German and Danish auctions were negative bid auctions.
To explain what that means: companies were asked to pay for the privilege to build off shore wind at a set very low CFD. Those delicious subsidies right?!? Might even call them negative subsidies!
Given recent interest rate hikes and increased cost for construction materials off shore wind is right on the cusp of viability.
Other projects like this one in Germany moves forward without any subsidies.
https://group.vattenfall.com/press-and-media/pressreleases/2...
What you of course don’t mention is that the recent interest rate hikes and increases in construction costs impacts nuclear power far more than off-shore wind and other renewables.
So someone actually knowledgeable in the topic would not promote nuclear power as the alternative.
So again. Please stop lying and misrepresenting cherry picked stats. You know better.