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U.S.PAPER SHOWS TRUE ASSESSMENT OF WIND POWER COST ESTIMATES

Posted 30 October 2013

"So long as wind power remains more expensive than the alternatives, adding wind power cannot reduce the overall cost of power to the economy. The policy just shifts the costs of electricity from consumers to federal taxpayers. At the same time, lower prices reduce earnings to those electric power generators that do not qualify for the subsidy, which for some older and for less efficient generators may push them into earlier retirement. Lest this last report be taken as an environmental bonus, conservationists should note that subsidized electric power increases energy consumption. The mix of an increased amount of subsidized wind power and reduced amounts of non-subsidized conventional generation also raises long run reliability concerns."  An extract from an excellent American paper exposing the true costs of wind-generated electricity..

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Last Updated ( Tuesday, 29 October 2013 )
 
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