{"id":351340,"date":"2024-11-16T10:12:34","date_gmt":"2024-11-16T09:12:34","guid":{"rendered":"https:\/\/climatescience.press\/?p=351340"},"modified":"2024-11-16T10:12:37","modified_gmt":"2024-11-16T09:12:37","slug":"another-windfarm-surpasses-1-billion-in-subsidy-payments","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=351340","title":{"rendered":"Another windfarm surpasses \u00a31 billion in subsidy\u00a0payments"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
London: 14 November 2024<\/h6>\n\n\n\n
Another windfarm surpasses \u00a31 billion in subsidy payments<\/h6>\n\n\n\n

The Beatrice Offshore Windfarm has become the fourth windfarm to have received more than \u00a31 billion in subsidy payments. The landmark was reached in just its seventh year of operation, suggesting that it could reach \u00a32 billion over the course of its subsidy agreement.<\/em><\/p>\n\n\n\n

Beatrice, situated in the Moray Firth, cost \u00a32.2 billion to construct. Thus consumer levies will pay for almost the entire cost of the windfarm. The profits are ultimately shared by SSE plc and the Danish investment house, Copenhagen Infrastructure Partners.<\/em><\/p>\n\n\n\n

Net Zero Watch has condemned the waste. Its director Andrew Montford said:<\/em><\/p>\n\n\n\n

\n

\u201cThis level of subsidy is obscene. The Westminster machine is hosing down the green lobby with our money. The consumer interest is nowhere to be seen.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

Richard Tice, deputy leader of Reform UK said:<\/em><\/p>\n\n\n\n

\n

\u201cRenewable energy subsidies are making people poorer with higher bills. Businesses are less competitive, meaning less growth and fewer jobs. Reform would put a windfall tax on all renewables to the value of the subsidies. We need to copy the US plan and \u2018drill baby drill\u2019 to make people better off.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Beatrice Offshore Windfarm has become the fourth windfarm to have received more than \u00a31 billion in subsidy payments. The landmark was reached in just its seventh year of operation, suggesting that it could reach \u00a32 billion over the course of its subsidy agreement.<\/p>\n","protected":false},"author":121246920,"featured_media":351344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":{"0":"post-351340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","9":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/11\/0YAYMFVFJU4W0MJ00I1L8.jpg?fit=1657%2C1080&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1toM","jetpack-related-posts":[{"id":367863,"url":"https:\/\/climatescience.press\/?p=367863","url_meta":{"origin":351340,"position":0},"title":"Net Zero Watch ridicules \u2018fantasy\u2019 Carbon\u00a0Budget","author":"uwe.roland.gross","date":"27\/02\/2025","format":false,"excerpt":"Net Zero Watch has ridiculed the Seventh Carbon Budget, which was published today, saying that \u2018it doesn\u2019t rise much above the level of fantasy\u2019. 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One of the windfarms that has decided to shun\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image00001.jpeg?fit=1200%2C632&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image00001.jpeg?fit=1200%2C632&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image00001.jpeg?fit=1200%2C632&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image00001.jpeg?fit=1200%2C632&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image00001.jpeg?fit=1200%2C632&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":360491,"url":"https:\/\/climatescience.press\/?p=360491","url_meta":{"origin":351340,"position":2},"title":"The UK pays wind turbines for failure \u2014 so the market wants to install more failures","author":"uwe.roland.gross","date":"04\/01\/2025","format":false,"excerpt":"Ponder for a moment how intrinsically unsuitable, maladapted, and worthless wind turbines are to a grid. Their failure is so comprehensive, multifaceted and inevitable, an entirely new and bizarre market was invented to reward their failures. 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New data published by the Renewable Energy Foundation reveals that the cost of paying windfarms to switch off\u00a0soared by 91% in 2024. 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