It’s all about the money

Nothing in this piece in ‘Your Renewable News’ about climate change, saving the planet or the evil death gas. Just lots of excitement about how people can get their share of the kool-aid and make money at the expense of others by installing renewable systems and cashing in on those lovely, overpriced feed in tariffs:

Generating your own renewable electricity can provide a great boost to farm profits and help cut energy bills, provided you do your homework first. Paul Spackman reports

Uptake of renewable energy systems has surged since the government introduced its Feed-in Tariff (FiT) incentive scheme this spring.

Wind turbines and solar photovoltaics are proving the most popular technologies due to their more generous tariff rates, but interest in hydro power and anaerobic digestion is slowly developing.

And when there’s no direct cash incentive involved for you to help make lots of money for opportunist businesses and investors, the latest approach to overcoming opposition to their projects is to buy people off in low employment areas with job offers. No matter that the energy benefits are overstated and amount of power generated exaggerated, this bribe is made possible for the renewables providers because so much public money is thrown at them by the goverment they can afford to do this and still make a huge profit.

2 Responses to “It’s all about the money”

  1. 1 microdave 03/01/2011 at 7:47 pm

    Looking back at the comments in your earlier (linked) post I see that fears were being expressed about the 25 year government backed “guarantee”. As both Spain and Australia (much sunnier countries than the UK) have recently made drastic cutbacks on their subsidies, I think it highly unlikely that our own misguided rulers will be able to keep this going for 25 years. This will mean the certain failure of companies like Sun Switch, so any back up they offer will also be worthless.

    My own experience with small panels casts considerable doubt on a 20-25 year life, and very little is mentioned about the need for regular cleaning, to maintain full efficiency.

  2. 2 The Filthy Engineer 03/01/2011 at 9:32 pm

    I did a little research into photovoltaic and here is my take on them.

    All the figures are from Government web sites. Anyone who invests in one of those panels is being taken for a very expensive ride.

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