How Much Has Dale Vince Been Given In Subsidies?
By Paul Homewood
https://find-and-update.company-information.service.gov.uk/company/03521776/filing-history
Labour Party donor, Dale Vince, is the sole owner of Ecotricity. (The company is actually owned by Green Britain Group Ltd, whose only shareholder is Vince).
Ecotricity Group owns a number of subsidiaries, mostly wind and solar farms. In total they generated 151 GWh in 2022/23:
I believe that all of the wind farms are subsidised by ROCs, along with one of the three solar farms, Lodge Farm. The subsidised generation works out at 139 GWh.
Onshore wind gets 0.9 ROCs/MWh, and solar 1.6 ROCs. Based on current prices therefore, Ecotricity is being paid a subsidy of over £9 million a year. Most of Dale Vince’s wind farms have been operational for around ten years, and some a lot longer; Mablethorpe, for instance, started up in 2003.
It would be no exaggeration to say that Dale Vince has received more than £100 million in subsidies over the years.
I therefore have suggestion for him, seeing as how he is so desperate to save the planet – use that money to build some more wind farms, and sell all of their electricity for free.
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NOT A LOT OF PEOPLE KNOW THAT 
Thanks for this, Paul, I’ll send out some letters battering the rich nutter. I’ve been fighting bloody windfarms for over 20 years, we’ve lost the battle in Wales however.
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And how much has Dale Vince donated to the Labour Party and how much to other green causes.
Note how Labour can become sel funding by subsidies to Ecotricity being returned as donations!
Conflict of interest anyone?
Conflict of interest does not matter any more. Just look at Lord Deben (Gummer) as Chair of the Climate Change Commitee – if he can get away with it, so can anybody else lower down the tree.
Plus former member, Rebecca Heaton, ex Drax, current member Baroness Brown, Orsted director on 40k a year.
The problem with every part of the Wind Farm, and for that matter, Solar Renewal Energy scam is that the consistent claim that Renewal Energy is up to six times cheaper than Fossil Energy – if this is the case then why are we paying such high levels of subsidies to Renewable Energy companies or are they saying in effect, it is only because of Renewable Energy that electricity costs are so low at the moment because “cheap” Wind and Solar are keeping expensive Fossil down. That in itself begs the question of how much Fossil fuel must have back in the day before Wind and Solar – I seem to remember it was substantially lower than today, but given that it did not have to compete with “low cost” Renewable maybe the generators of the day were just making £billions but hiding it.
If Wind & Solar are six times cheaper than fossil fuels, then the operators/investors can easily afford to supply without a subsidy at a competitive price against Gas, Coal, Nuclear and having a cost of £1 against £6 make a substantial profit in excess of expected ROCE in any given business environment.
The fact is simple – Wind and Solar are not six times cheaper, they are substantially more expensive, the only thing cheap about them is that the source of the generating force is a natural activity- the Wind blows, the Sun shines (except at night), the fact neither can be relied on is a fact rarely taken in consideration when do a cost/benefit assessment- it’s like calculating the cost of a car- tax, insurance, fuel, tyres, etc but forgetting depreciation- Renewable Energy never considers the on-cost of having fossil fuel power generation on 24/7/365 standby, a cost calculation not required in a reverse situation.
It is interesting to note that without CforD and massive subsidies, investment in Renewables stops dead, for a energy source in a World where electrical power is a everyday requirement, critical to survival in many instances this indicates that they are regarded as high risk when in reality they are a guaranteed income stream.
Unreliable wind and solar generation makes other reliable generating sources more expensive. It reduces their efficiency and reduces their return on investment and annual income. We can see this from the lack of offers to build new gas generation here to prop up the grid and the same in Germany where the state is battling the EU to build plants that nobody else will fund.
Unreliables destabilise the grid and increase grid management costs – no surprise that at every price cap review the standing charge increases. And on cue to prove the point, blackoutnews reports the shock that Germany has spent nearly 200m euros in January keeping the grid going. In 2012 it cost 210m euros for the whole year. 2022 it was 4.2bn euros. No great surprise that German industry continues its spiral downwards and Audi is to move Q8 e-tron production to Mexico and China.
I had to put up with a believer on another site the other day telling me that ruinables were seven times cheaper. I knew there was a spot price point when it might have been for a millisecond but I didn’t have the detail to hand to bury the silly sod. So, is there somewhere I can go to find that argument as ammmunition for pillocks like him?
Don’t waste your time, Climate Crisis/Emergency are cult members, you may as well tell Scientologists that they are being conned – facts are not important, slogans are. It is unfortunate that “we” don’t have a more catchy sound bit apart from “Power is Everything – No Power = Nothing”.
The exact sales for Ecotricity are:
Some of this is self-generated, the rest is bought in – for which they have to purchase Rocs from other suppliers.
R
Mr Vince weedling his way into agricultural colleges….https://www.fwi.co.uk/farm-life/flindt-on-friday/flindt-friday-vegan-power-leaves-me-feeling-flat
Vince probably knows as much about agriculture as Jordan Lee, the ‘Conservative’ Environment Network Nature Programme Manager who on GB News talking to Martin Daubney about why our farmers have yet to take any action. He was correct in saying that it was due to Brexit as we have not been subjected to the EU’s latest eco-fascist Directive requiring members to submit plans to destroy their farmers and import cheap food from deforested areas of the Amazon produced under who cares what standards. But he then tried to sing the praises of the new subsidy schemes that pay farmers here to do non-farming things which sounds very similar to the EU’s demand to remove 10% of land from food production. Surely his strong agricultural background would tell him it was nonsense…..seasoned readers can probably guess what’s coming…..alas not as I am pretty sure an MA from the Royal College of Art doesn’t include much on agriculture. Neither would his ‘artistic’ scholarship to Goodenough College. And Royal Holloway University of London seems very light on relevant courses for his Bachelor’s Degree. And no he hasn’t worked on a farm or anywhere outside Westminster either.
Dr North covers some of this.
Agriculture: a net-zero machine | Turbulent Times
6X cheaper micda67?
6 Nov 2022 Ed Miliband on Sunday with Laura Kuensberg ““solar and wind power is 9X cheaper than fossil fuels.”
19 Jan 2023 Keir Starmer at Davos ““in the UK renewables are 9X cheaper than oil and gas”
I could go on. Are there any scientists on here? UK wind is obviously superior to other countries’ wind although it does appear to be running out of puff.
At Leith on 19 June 2023 Sir Keir said “clean British energy is cheaper than fossil fuels – three times cheaper”.
We can ignore that heretic Prof Sir Dieter Helm CBE who said ““it is not clear if offshore-wind is cheaper than Nuclear”. I mean, two politicians wouldn’t make the same lie; surely?
The 9x was just a spot price when having started a war against Russia and closed down reliable generation as well having discouraged oil and gas production, countries were scrambling for gas to keep the lights and heating on.
It wasn’t even true as a spot price. Wind generation comes in four price flavours: CFD strike prices for those wind farms that actually operate a CFD, market price (basically in the day ahead market) for those that have declined to take up their too cheap CFD or who are still building their wind farms, and market price plus ROC subsidy for most of the rest: there are tiny volumes sold under Feed-in Tariffs which offer very high prices that are effectively much like a CFD with a high strike price. ROC subsidised wind accounts for the lion’s share of the total, at an average of about 1.5ROCs/MWh, with ROC value being about £59/ROC in 2022/23, and about £65/MWh currently. Weighted average CFD prices for wind are now around £170/MWh. Averaging it all together, there has been no time when the average price of wind has been lower than market price. Although I’ve yet to update this chart for 2023, it contains the price peak period that got Ed Miliband making his false claim (which was actually based on the price in 2012 money for the Norfolk Boreas project that was cancelled by Vattenfall because it was uneconomic even with inflation indexation added in).
Because he’s worth it? He thinks he’s more fragrant than L’Oréal.
This master of greenfoolery is rinsing consumers & taxpayers, enabled by Uniparty net zero madness – the UK has the second highest cost electricity in the world, produces only 0.4% of global emissions (China 7600% more & India 2150% more) and is heading feet first into an unstable grid, power outages and rationing, and for what? To heal a global boiling earth, that actually isn’t, no – it’s to swell the coffers of grubby, greedy Govts via stealth taxes and billionaire elitists who fund the nonsense
To lift our spirits, Forest Green were beaten 4-0 at home by Mansfield at the weekend and remain at the foot of League 2 and heading back to the National League.
Sounds like a candidate for “windfall taxes” to me!
Ive heard this gentleman repeatedly deny he is in any receipt of any subsidy money whatsoever, however I do believe his eco outfit gets granted carbon credits under the carbon trading racket which he then sells back to gas and oil companies at huge profit margins to offset their emissions , and thus hiding the subsidy behind the carbon offset scheme
A dirty business indeed
<i>”Gentleman”</i>
A title which he most definitely doesn’t deserve…
He needs to divert more money to his awful vegetarian football club. Currently bottom of division 2 and looking forward to non league (I hope)
League Two 2023/2024 Standings – Football/England (flashscore.com)
They might play better if they were fed an occasional pork pie.
Don’t forget that Forest Green were demoted from League One only last year!
Going down faster than the shares in windmill manufacturers.
But many fell for it. I was shown the Carbon Brief article on a mobile by a juststopoil activist last February.
New here. That last comment referrred to the 9X cheaper shibboleth.
I suppose if you had some spare time you could trawl through the list of subsidiaries in Note 11 (p 37) to the accounts, and look up their accounts in turn, or check them out in the OFGEM ROC and REGO registers or the database at the Renewable Energy Foundation. Here’s one:
https://www.ref.org.uk/generators/view.php?rid=R00411RQEN&tab=sm&returnurl=https%3A%2F%2Fwww.ref.org.uk%2Fgenerators%2Fsearch.php%3FGeneratorName%3DAlveston
Here’s another – this one is on 1 ROC/MWh
https://www.ref.org.uk/generators/view.php?rid=R00162NQNI&tab=sm&returnurl=https%3A%2F%2Fwww.ref.org.uk%2Fgenerators%2Fsearch.php%3FGeneratorName%3DBallymena
Then you have to multiply up by the ROC values including recycle value for each scheme year which you have to note from OFGEM.
Yes – I checked the first few on the list.
If I get time, I’ll do the lot
Vince has a personal fortune of around £100million which happens to be the same as the amount given to him by us.
I’ve always believed Vince’s government grants have been the reason for his involvement in his constant opposition to any group or individual who opposes the wind farm catastrophe. He has cleverly made his huge personal income from government grants, but as his name seems to be behind the activities of a number of Green organisations, it is clear that he must be giving those organisations large grants to do his dirty work to support his massive personal income from the government. Is there a means of finding out what grants he is paying to organisations out of his profits, as any grants at all, to Green or any other causes of the fanatics, could be construed as being paid by from the massive grants he is being paid by the government from operating his windmills.
I wonder if his call for more green rubbish (sorry investment) might be in order for him to make more money – or am I being cynincal?