Saturday 13 January 2024

WIND SUBSIDIES HIT A NEW HIGH

Some people think that wind turbines will produce cheap electricity, but as the article below shows, this is simply wishful thinking on a grand scale. In fact because of subsidies, wind farms rake in the money whether the wind blows or not; their price is guaranteed. It is reliable back-up generators, such as gas and nuclear, which have to pay for this market volatility, and in turn pass this cost on to the consumer, causing us to have expensive and less reliable electricity. 

December 2023 CfD Subsidies | NOT A LOT OF PEOPLE KNOW THAT (wordpress.com)

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