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Friday, August 9, 2013

Wind Power: Only When the Wind Blows and the Subsidies Flow

Wind turbines produce power only when the wind is blowing. But perhaps more importantly, wind production builds only when the subsidies are flowing.
The wind industry is experiencing slow growth through the first half of the year and blaming uncertainty over a massive subsidy as a reason why. Alex Guillen of Politico reported last week that the United States added only 1.6 megawatts of wind power in the first half of 2013, which is far less than the 13 gigawatts installed last year and significantly smaller than the 3 gigawatts of new power installed over the first half of 2012.
The fact that the wind production experiences significant declines when the subsidy expires is not a good reason to extend it; in fact, it’s a good reason to permanently remove it. 
Continue...[The Foundry]

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