Pickens Wind-Power Plan Comes To a Whimpering End

Spy Handler writes "In 2008, billionaire T. Boone Pickens unveiled his 'Pickens Plan' on national TV, which calls for America to end its dependence on foreign oil by increasing use of wind power and natural gas. Over the next two years, he spent $80 million on TV commercials and $2 billion on General Electric wind turbines. Unfortunately market forces were not favorable to Mr. Pickens, and in December 2010 he announced that he is getting out of the wind power business. What does he plan to do with his $2 billion worth of idle wind turbines? He is trying to sell them to Canada, because of Canadian law that mandates consumers to buy more renewable electricity regardless of cost."

Comments

Re:And so

[budgenator]

What I understand the biggest show stopper was the installation of the transmission lines to get the power from where it was generated to where it would be used. The Reason the transmission lines couldn't be built is because they couldn't get the right-of-way for it. The reason they couldn't get the right-of-ways is because they wanted the mineral and water rights as well; and the reason they wanted the water rights was to suck the ground dry and to ship the farmer's and rancher's water to the big-cities in aquaducts built under the transmission right-of way.

Personally I think wind-power is over-hyped and uneconomical, yet it would be interesting to see one honest project happen to find out for sure if and why and by how much.

Re:And so

[Ferretman]

The myth of "unfair subsidies to the oil companies" is a nice canard from the alt energy folks, but the facts don't bear it out.

Alternative energy companies want to lump in literally a century's worth of development and infrastructure and label this as an "unfair advantage" to the oil companies, when in fact it's just business. I'm sure that the buggy whip makers had all kinds of "unfair advantages" with roads suitable to buggies and watering holes everywhere when the automobile burst onto the scene--and yet it still happened. Why? Because it was *better*.

The facts are that billions have been pumped into alternative energy (solar, wind, geo) and they are ALL promising technologies. Some day they'll be able to pull their own weight. I just built a 100% solar powered house--completely off the grid and I can tell ya first hand....this is some of the most immature and "not ready for primetime" technology you've ever seen. The government pumping money into it just makes it worse since the manufacturers don't have to make anything *better* that way, they just have to force people to *buy* it. This is probably why the most significant development in battery technology has been to ADD A FRICKIN STRAP so you can move the battery more easily....it's pathetic.

No subsides for ANYBODY, ANYWHERE is the only way to go. Let the ideas fight it out in the marketplace. THIS will improve gasoline efficiency, advance solar technology, make windmills more durable and less prone to breakdown. Having the federal government back ANY of it is not in their list of duties, nor does it allow the industry to mature.