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Why wind needs feed-in tariffs (and why it is not the enemy of nuclear) | 77 comments (77 topical, editorial, 0 hidden)
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  1. A feed-in tariff is a mechanism whereby wind power projects get a guaranteed fixed price for each kWh produced. That price is paid by the local utility, which is forced to purchase all the electricity produced by the wind farm, and is allowed to pass on that cost to its retail customer base in a regulated way.

  2. Wind turbines are now a bigger business than gas turbines, worldwide. Wind turbines probably amounted to $5 billion turnover for GE last year, hardly an insignificant amount.

  3. your point on political influence is spot on, but now that companies like GE, Shell, Siemens and big utilities have jumped on the wind bandwagon, things are changing significantly. And wind has the great advantage that it creates a lot of local, visible jobs (a lot more than the industries it competes with), so its political clout is growing, especially as it has clout in rural areas that are being revitalised by its presence.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sun Mar 2nd, 2008 at 01:47:46 PM EST
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Why wind needs feed-in tariffs (and why it is not the enemy of nuclear) | 77 comments (77 topical, 0 editorial, 0 hidden)
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