Germany’s Wind Collapse: Why Renewables Can’t Be the Backbone

In this episode of Energy NewsBeat Daily Stand-Up, Stuart Turley breaks down Germany’s wind collapse, Ørsted’s $262M loss, and COP30’s credibility crisis after Bill Gates’ climate remark. He spotlights David Blackmon’s report on $1B in wind-turbine repairs, Wood Mackenzie’s forecast of rising oil demand through 2032, and Russia’s Lukoil asset sale to evade sanctions. Turley drives home one message — energy security needs realism, not ideology. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1 Timestamps: Highlights of the Podcast 00:00 - Intro 00:22 Wind Not Blowing in Germany as Wind Output Hits Yearly Low After Record October 03:29 - Ørsted Racks Up A Massive $262 Million Q3 Loss Facing Head Winds as Offshore Challenges Roll In – How will Investors React? 06:55 - What Can COP30 Accomplish in the Wake of Bill Gates’ Admission That Climate Change Is Not an Existential Threat? 12:31 - Wind Power’s Crumbling Facade: $1 Billion in Blade Fixes Can’t Mask the Rot – David Blackmon 15:07 - Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032 17:27 - If Approved: Russia Sells Lukoil’s Assets to Avoid Sanctions 19:51 - Outro Links to articles discussed: Wind Not Blowing in Germany as Wind Output Hits Yearly Low After Record October Ørsted Racks Up A Massive $262 Million Q3 Loss Facing Head Winds as Offshore Challenges Roll In – How will Investors React? What Can COP30 Accomplish in the Wake of Bill Gates’ Admission That Climate Change Is Not an Existential Threat? Wind Power’s Crumbling Facade: $1 Billion in Blade Fixes Can’t Mask the Rot – David Blackmon Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032 If Approved: Russia Sells Lukoil’s Assets to Avoid Sanctions