Where is Your Green Money Going
Recently saw an article in the press that was so bizarre as to be unbelievable but, after a week’s rereading and some research, am forced to accept it.
The following information comes to light through a lawsuit in the Scottish Courts between a landowner and an EDF owned wind farm. It’s a case of when thieves fall out, honest men get their dues,
The Dornell Wind Farm has 59 turbines and is on land rented from Christopher Moran (who in STRL has £658million) for up to £10million pa. who not content with that is suing Dornell for more.
In pursuit of this claim the economics of wind farm energy generation come to light. Dornell, in common with all UK wind farms, generates insufficient revenue by selling power on the open market, to pay for its construction, therefore, it is paid a subsidy raised by the levies on consumer bills to put it into profit.
The cost of supporting the UK wind and solar energy producers is £25billion a year which equates to a charge of £850 per household or about 40% of your electricity bills.
Unbelievably some years Dornell makes more profit (up to £40million) by turning off its turbines than it does by generating electricity. Additionally, more £millions are made because of a loophole in the subsidy system whereby it is allowed to “trade” electricity it didn’t generate by selling the “credited energy” when the price is higher.
On top of this Dornell gets “constraint payments” which are paid to wind farms when they have to stop generating because the National Grid is at full capacity and cannot accept the energy. The effect of “constraint payments” is to encourage generating companies to build, like Dornell, in remote areas where the Grid is most fragile, thus making poor land some of the most lucrative real estate in the country.
As an example, Dornell in Moray, in 2023received £37million in constraint payments ie. half of its total income of £74million.
The result of this cockamamie scheme is, upwards of £300million is being given to wind farms for doing nothing and, to date, the cost to consumers is a total of £1.8billion
Despite these figures, Ed Miliband plans to double on-shore energy capacity by 2030 and reduce our energy bills by £300pa. Surely if you double the production then the £850 levy becomes £1,700’s. Naturally Mr Miliband does NOT tell us against what the £300 saving is to be made.
The net result of all of this is for the energy generators and millionaire land owners to make fortune from the consumers who are paying for a blind rush to Net O to cancel out, NOT ELIMINATE, 0.8% of global emissions.
YOU HAVE TO BE KIDDING.
The following information comes to light through a lawsuit in the Scottish Courts between a landowner and an EDF owned wind farm. It’s a case of when thieves fall out, honest men get their dues,
The Dornell Wind Farm has 59 turbines and is on land rented from Christopher Moran (who in STRL has £658million) for up to £10million pa. who not content with that is suing Dornell for more.
In pursuit of this claim the economics of wind farm energy generation come to light. Dornell, in common with all UK wind farms, generates insufficient revenue by selling power on the open market, to pay for its construction, therefore, it is paid a subsidy raised by the levies on consumer bills to put it into profit.
The cost of supporting the UK wind and solar energy producers is £25billion a year which equates to a charge of £850 per household or about 40% of your electricity bills.
Unbelievably some years Dornell makes more profit (up to £40million) by turning off its turbines than it does by generating electricity. Additionally, more £millions are made because of a loophole in the subsidy system whereby it is allowed to “trade” electricity it didn’t generate by selling the “credited energy” when the price is higher.
On top of this Dornell gets “constraint payments” which are paid to wind farms when they have to stop generating because the National Grid is at full capacity and cannot accept the energy. The effect of “constraint payments” is to encourage generating companies to build, like Dornell, in remote areas where the Grid is most fragile, thus making poor land some of the most lucrative real estate in the country.
As an example, Dornell in Moray, in 2023received £37million in constraint payments ie. half of its total income of £74million.
The result of this cockamamie scheme is, upwards of £300million is being given to wind farms for doing nothing and, to date, the cost to consumers is a total of £1.8billion
Despite these figures, Ed Miliband plans to double on-shore energy capacity by 2030 and reduce our energy bills by £300pa. Surely if you double the production then the £850 levy becomes £1,700’s. Naturally Mr Miliband does NOT tell us against what the £300 saving is to be made.
The net result of all of this is for the energy generators and millionaire land owners to make fortune from the consumers who are paying for a blind rush to Net O to cancel out, NOT ELIMINATE, 0.8% of global emissions.
YOU HAVE TO BE KIDDING.
