Comedian George Carlin had a very old joke that went something like this. Is God so powerful that he can make a rock so large that he himself can’t lift it? It was spun as the sort of question a smart-assed kid would ask in Sunday School, but it has genuine real-world applications for the energy industry.
Related: Australia’s Energy Price Problems Get Worse – Will New England Get the Hint?
Can the green energy industry make electricity so expensive that it cannot afford to operate? In this case, the answer is yes.
Audun Martinsen, Rystad Energy’s head of energy service research, said high power prices not only pose a significant threat to European decarbonisation efforts but could also result in increased reliance on overseas manufacturing.
“Building a reliable domestic low-carbon supply chain is essential if the continent is going to stick to its goals, including the REPowerEU plan, but as things stand, that is in serious jeopardy,” he added.
Absent more affordable fossil fuels, it is becoming too expensive to operate. To quote JoNova, “So much for all the solar jobs. Europeans are being reduced to being installers while the production of panels shifts to coal-fired China because electricity is so much cheaper. Most of the wind turbine industry has already moved to China.”
Around 35GW of PV manufacturing projects in Europe are at risk of being mothballed as elevated power prices damage the continent’s efforts to build a solar supply chain, research from Rystad Energy suggests.
The consultancy noted that the energy-intensive nature of both solar PV and battery cell manufacturing processes is leading some operators to temporarily close or abandon production facilities as the cost of doing business escalates.
How amusing is it that the Green energy industry has admitted that they require insane amounts of energy to create a product that can’t make insane amounts of energy or at affordable prices?
Related: Planners Are Planning for Blackouts This Winter (for you, not them).
I think we’ve mentioned that a few dozen times. It also applies to wind power, and neither can even happen without burning coal. Something China is happy to do, which is why they manufacture most of the solar components worldwide. They burn insane amounts of dirty coal to do it.
Europe is learning a hard lesson; one American Democrats work hard to subvert. Advertising these contradictions or failures gets you branded as a climate or science denier, but it is they who are in denial.
None of it works. It doesn’t reduce emissions. It offshores them. But China is happy to take your money while our “leaders” cripple western economies, kill jobs, and kneecap our military while ignoring China’s industrialization at our own expense.
And no green jobs to boot, while we pay through the nose for energy while they get rich, making it more expensive.
And no one is reducing emissions; all they do is reduce lifestyles.
HT | WUWT
