Posted on 09/10/2011 12:49:07 PM PDT by dila813
General Electric, the U.S.-based industrial giant and leading manufacturer of wind-power turbines, is scaling back efforts to expand its presence in the offshore wind power market.
The rationale: there is no meaningful offshore wind market to speak of at least not yet.
Given slower-than-expected industry growth, the offshore market may not mature as rapidly as many wind boosters once believed.
(Excerpt) Read more at forbes.com ...
Or a wind-powered car!
FILE THIS UNDER:
News You Won’t Be Seeing On NBC/MSNBC
If E-Cat works out, they'll need the energy to melt the ice in hell.
Wasn’t it a couple of years ago that T. Boone Pickens dropped his interest in wind generated power because he discovered it was a money losing operation?
The people working for T. Boone Pickens forgot that wind farms require a transmission line and associated infrastructure necesary to carry the wind power to market. He committed to buying close to $1Bn worth of GE wind turbines, then discovered he had no transmission where he wanted to put them: FAIL.
He and GE quietly went to work selling these turbines to other people so as to avoid an even bigger publicity fiasco.
aaaaah gee whizz another green job fizzled out. Batting zero hey Obama.
Maybe liberals could sacrifice themselves instead?
Pray for America
Thanks DUmocrats, your greatest benefactor of stolen tax dollars just admitted you are a FAILURE.
Sometimes the wind doesn't blow. Unfortunately, this often happens on those hot hazy sweltering days when the demand for electricity is at its highest. So, you have to have enough supply without wind-energy to cover those times, so what good does wind do?
Maybe the tech types can come up with cheap Terawatt-hour energy storage, so power generated on windy days could be saved for a sweltering day. Pumping water uphill into a reservoir for hydro power later might do it, but the economics....
And install one windmill for every square mile of the United States
And we figure out a way to make the wind blow consistently
.....
Liberal thought processes are scary.....maybe we should start calling Democrats the Anti-Engineering/Business Party
If they want to call us Anti-Science pfff
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