Articles filed under General from Europe

UK energy titan SSE says low wind, driest conditions in 70 years hit renewable generation

Energy giant SSE said its renewable assets produced 32% less power than expected between April 1 and Sept. 22 thanks to historically dry and low-wind conditions. This equates to 11% of its full-year output target.“This shortfall was driven by unfavourable weather conditions over the summer, which was one of the least windy across most of the UK and Ireland and one of the driest in SSE’s Hydro catchment areas in the last seventy years.
29 Sep 2021

Vestas to close three European wind turbine component factories

Vestas will cease production at three European factories that manufacture components for outdated onshore and offshore wind turbines. It will close sites at Lauchhammer in Germany, Viveiro in Spain and Esbjerg in Denmark, the company announced. The turbine manufacturer employs appriximately 650 people across the three sites.
20 Sep 2021

Vestas cuts outlook as commodity prices squeeze margins

The downgrade adds to a picture of mounting pressure on turbine makers after rival Siemens Gamesa last month issued its second profit warning this year, citing soaring commodity prices as well as costs over high associated with a new product. Vestas had already disappointed its first quarter results, pointing to transport issues including the blockade of the Suez Canal in March and the effects of the pandemic in India, one of its key markets.
11 Aug 2021

Big oil squeezes renewable energy profits as commodities rally

Orsted, the top developer of offshore wind farms, said returns on capital employed fell to 7.5% in the first quarter, down from 11% in the same period a year earlier. Vestas, another wind developer, saw returns fall to 12.2% from 17.4% in the first quarter of 2020. Investors will keep an eye on any signs of diminishing returns when the two Danish firms report this week. Siemens Gamesa lost 314 million euros ($369 million) in the three months ended in June
10 Aug 2021

Wind turbines, war is declared (in France)

The story of this gigantic scam has often been made in these columns: particularly astute businessmen have plunged into the breach that the “ecological” ideology (rigorous quotes) had opened in the French energy position. We needed a mix , we needed renewable, above all we had to stop building a nuclear power plant. Replacing a massive and controllable source of energy with another, much weaker and more random, was "completely stupid" , to use the word of an expert, but it is indeed what was done. Nuclear power has stalled, wind turbines and solar panels have multiplied, weakening an entire system, fracturing an entire society.
7 Aug 2021

Residents lose out in Barranafaddock Wind Farm fight

A number of residents in the Ballyduff/Araglin area living close to the Barranafaddock Wind Farm were disappointed this week to learn that the developers of the wind farm successfully appealed an earlier High Court order. The residents had brought a case to the High Court claiming a deviation from the permitted blade length of the turbines where 90 metre diameter blades were permitted but 103 metre diameter blades were used. 
5 Aug 2021

State-owned Prestwick airport accused of unlawfully demanding compensation payments from windfarm developers

[T]here are costs and risks associated with considering each individual wind farm planning application, calibrating the technology to allow it to deal with any particular wind farm and thereafter ongoing costs associated with maintaining the performance of that technology over the lifespan of a wind farm, which is clearly essential in the interests of aviation safety. “It is typically recognised and the industry norm that the party benefiting from the wind farm should provide compensation to radar operators for the associated costs and risks.
1 Aug 2021

Floods wreck towns, but Europe's wind power goals tangled in red tape

The drive to speed up renewable energy is pitting greens against each other. Theodota Nantsou, policy director for the World Wide Fund for Nature in Greece, said the country decided belatedly to shut down its coal plants and is now racing to build up renewables at the risk of hurting its biodiversity. ..."The problem is not money: there is lots of money available," said Giles Dickson, the association's chief executive. "The problem is the projects: we are not getting enough new permitted projects coming through."
21 Jul 2021

Looming loss piles pressure on turbine maker Siemens Gamesa

Shares in Siemens Gamesa (SGREN.MC) fell more than 18% on Thursday after the wind turbine maker's second profit warning in less than three months due to spiralling raw materials prices and the cost of delivering its new onshore platform. The warning of a possible loss this year had a knock-on effect on parent Siemens Energy (ENR1n.DE), which owns 67% of Siemens Gamesa.
15 Jul 2021

Windfall: one third of Scotland’s biggest wind farms linked to tax havens

Campaigners allege that the wind industry’s tax havens have deprived public services of “many millions” of pounds, while boosting private profits. Scotland’s renewable energy wealth is being “looted” by international tax avoiders, and profits “siphoned overseas”, they say. According to experts, wind farm ownership is “opaque” and “secretive”. The “bright green image” promoted by the renewable energy industry is “more a murky shade of grey”, says one.
13 Jul 2021

Nimbys are not selfish. We’re just trying to stop the destruction of nature

Dismissing anyone who opposes this as a nimby allows developers to present themselves as holding the moral high ground. Nimbys are anti-progress refuseniks, they say, while developers are good for the economy, bringing improved infrastructure and even environmental gains. Yet anyone who has been involved in a local campaign will tell you how rarely developers contribute to local infrastructure, and how frequently finished developments can differ from original plans. The proportion of affordable housing is invariably the first casualty, renegotiated downwards as soon as planning permission is achieved.
4 Jul 2021

Renewable energies covered 43 percent of electricity consumption in the first half of the year

In the first half of 2021, renewable energies covered around 43 percent of gross domestic electricity consumption. ...There was a slight increase of around two percent compared to the same period in the previous year in electricity generation from photovoltaic systems, while generation from wind energy (on land and at sea) fell by around 20 percent.
28 Jun 2021

Solar power investors burnt by rise in raw materials costs

John Martin, chief executive of the US Solar Fund, said higher raw material prices will probably increase the costs of installing new solar power by 20 per cent — putting solar costs back to the levels they were two years ago. “Decarbonisation costs will come down, but it’s not going to be free — capital will be required,” he said.
21 Jun 2021

Huge solar farm sparks calls for ‘food versus fuel’ debate

Emeritus professor of the rural environment Michael Alder, who is a Fellow of the Royal Agricultural Society, said a national debate was needed on the future of the countryside – including biodiversity and landscape as well as food and fuel. “Land is finite, and whatever you use it for there are trade-offs. “Sometimes these trade-offs are acceptable and sometimes they are not. “I have a particular concern about food security – the Sunnica proposal is for land that is very productive.”
19 Mar 2021

http://www.windaction.org/posts?location=Europe&topic=General&type=Article
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