Xcel Energy: Wind power subsidies benefit developers, not utilities nor consumers
Excel Energy, the biggest wind energy producer in America, says that it may not sign up for more wind energy because the subsidies extended as part of the bill that saved 99% of Americans from income tax increases inclluded some $40 billion in pork for developers of wind power farms and their suppliers like General Electric.
The wind production tax credit (PTC) disguises the cost of wind energy and exacerbates the costs of other types of enery sources, Excel's lobbyist said in a statement reported by The Foundry blog, which is part of the Heritage Network..
Excel has raised rates to pay for its "clean energy" investments in Colorado and Minnesota. Many of its wind farms are around our farm in SW Minnesota. That it isn't likely to buy more towers is another reason for us to not put towers on our farm. I've been agaisnt the towers because they're ugly, noisy and likely to be eyesores for decades after they wear out and cease to produce energy. Most important, we don't like being part of an uneconomic enterprise subsidized at the rate of $8.5 billion $10 billion a year by consumers and taxpayers for no good reasons.
LINKS:
The Hidden Costs of Wind Energy; Why the full cost of wind generation is unlikely to match the cost of natural gas, coal or nuclear generation, By American Tradition Institute.
The hidden costs of wind power, by Institute for Energy Research.
Top wind utility: Wind subsidy benefits industry, not consumers, by Lachlan Markay, The Foundry blog.
Wind turbines 'Only lasting for half as long as previously thought,' by Energy Tribune.
The Democratic war on science, by Steven Hayward at Powerline blog.
Science must be seen to bridge the political divide; Scientists in the United States are often perceived as a Democratic interest grouip. For science's sake this has to change, by Daniel Sarewitz @ http://www.nature.com.
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