WhatFinger

Generating Costs and Subsidies

Wind Finishes 2010 with Poor Showing in Capacity Increases


imageThe wind industry would like you to believe that windmills are now cost competitive with natural gas units for electricity generation[0], but in 2010, natural gas fired units added twice the capacity that wind units added through most of the year.[ii] Why? There are several reasons. The recession lowered the demand for electricity, natural gas prices are low due to production and reserves of shale gas, and one of wind’s federal subsidies was expiring at the end of 2010.
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