Lemmings March into the Sea Thinking There’s Green Power There</h4> Feb. 8 , 2021 (EIRNS)—Whom the gods would destroy they first make their governments mad. The Olympian “gods” of the London and Wall Street oligarchy are making one Western government mad after another. Denmark approved the “biggest project ever,” a €28 billion ($34 billion) offshore wind “energy hub” (don’t call it a farm around the lemmings) to eventually produce a maximum of 10 GW rated electric capacity—this assumes the 200 turbines are larger and more “powerful” than any yet developed anywhere. It will be 80 km offshore in the North Sea. The biggest construction project in Danish history, the public-private partnership is supposed to power 3 million households, indicating real generation of only about 3 GW at perhaps $11 billion/GW. It will have “storage facilities”—no doubt in the form of those magical huge batteries that will be perfected soon, and that every country will soon have the lithium and cobalt supplies for. Plus it will be a marvel for ship traffic in the North Sea. The approval followed Denmark’s decision to cancel all future licensing rounds for North Sea oil and gas extraction, according to the British government publication Global Construction Review on Feb. 5. This is to eliminate alternatives to this kind of power—Denmark already has the highest share of “interruptibles” in Europe, and the highest retain electricity cost, equivalent to 40 cents/kwh. The South Korean government is going ahead with a $43 billion (48.5 trillion won) wind farm off Sinan on its southwestern coast which is supposed to produce just 8.2 GW of rated power, whereas at Asia’s very worst that would produce the same 8 GW of nuclear power, which would generate twice as much actual electricity without blocking up the sea lanes. But Korea needs to attract foreign private financing for this PPP, and knows that will come from the direction of BlackRock’s Wall Street. Some lemmings have recognized the problem and called for stopping the march. Japan’s Energy Minister Hiroshi Kajiyama told the Financial Times on Feb. 3 that power shortages last month, due to heavy snowfall, showed Japan needs to go nuclear again. Kajiyama said: “Personally, I think nuclear power will be indispensable.” He described Japan’s electricity supply as “touch-and-go” during the snowfall last month, resulting in high electricity prices and tight supplies in some areas of the country. “Solar wasn’t generating. Wind wasn’t generating. I’m trying to persuade everybody that in the end we need nuclear power.” Only 9 of Japan’s once-52 nuclear reactors have been reapproved after the March 2011 tsunami took out Fukushima Daiichi, and are generating. Another 18 reactors have applied to restart, but in 2019, nuclear energy provided just 7.5% of the country’s electricity.

Lemmings March into the Sea Thinking There’s Green Power There

Feb. 8 , 2021 (EIRNS)—Whom the gods would destroy they first make their governments mad. The Olympian “gods” of the London and Wall Street oligarchy are making one Western government mad after another.

Denmark approved the “biggest project ever,” a €28 billion ($34 billion) offshore wind “energy hub” (don’t call it a farm around the lemmings) to eventually produce a maximum of 10 GW rated electric capacity—this assumes the 200 turbines are larger and more “powerful” than any yet developed anywhere. It will be 80 km offshore in the North Sea. The biggest construction project in Danish history, the public-private partnership is supposed to power 3 million households, indicating real generation of only about 3 GW at perhaps $11 billion/GW. It will have “storage facilities”—no doubt in the form of those magical huge batteries that will be perfected soon, and that every country will soon have the lithium and cobalt supplies for. Plus it will be a marvel for ship traffic in the North Sea.

The approval followed Denmark’s decision to cancel all future licensing rounds for North Sea oil and gas extraction, according to the British government publication Global Construction Review on Feb. 5. This is to eliminate alternatives to this kind of power—Denmark already has the highest share of “interruptibles” in Europe, and the highest retain electricity cost, equivalent to 40 cents/kwh.

The South Korean government is going ahead with a $43 billion (48.5 trillion won) wind farm off Sinan on its southwestern coast which is supposed to produce just 8.2 GW of rated power, whereas at Asia’s very worst that would produce the same 8 GW of nuclear power, which would generate twice as much actual electricity without blocking up the sea lanes. But Korea needs to attract foreign private financing for this PPP, and knows that will come from the direction of BlackRock’s Wall Street.

Some lemmings have recognized the problem and called for stopping the march. Japan’s Energy Minister Hiroshi Kajiyama told the Financial Times on Feb. 3 that power shortages last month, due to heavy snowfall, showed Japan needs to go nuclear again. Kajiyama said: “Personally, I think nuclear power will be indispensable.” He described Japan’s electricity supply as “touch-and-go” during the snowfall last month, resulting in high electricity prices and tight supplies in some areas of the country. “Solar wasn’t generating. Wind wasn’t generating. I’m trying to persuade everybody that in the end we need nuclear power.”

Only 9 of Japan’s once-52 nuclear reactors have been reapproved after the March 2011 tsunami took out Fukushima Daiichi, and are generating. Another 18 reactors have applied to restart, but in 2019, nuclear energy provided just 7.5% of the country’s electricity.

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