We still don’t know when wind power will break even, admits energy minister
Ministers still do not know when wind power will pay for itself, the Government admitted tonight.
Energy Minister Charles Hendry told MPs governments had spent £2.2 billion supporting wind power over eight years – and it was impossible to predict when the energy source would prove profitable without grants.
He said: ‘We expect that over time we will be able to reduce support for wind power and other renewable energy technologies as they become more economic, but it is not possible to put a specific timescale on this.’
Mr Hendry said it depended on factors including the cost of erecting turbines, future wholesale electricity prices and the cost of alternative power supplies.
Answering written Parliamentary questions from Conservative MP Philip Davies, Mr Hendry said the Government had spent £2.2 billion supporting wind power between April 2002 and March 2010.
And he said estimating how much more taxpayers’ cash would be spent before wind power became economically viable was ‘not feasible’. The Government has already pledged to reduce carbon emissions by 34 per cent by 2020, and by 80 per cent by 2050.
In December last year dramatic plans to erect up to 20,000 wind turbines and put millions of electric cars on the roads were unveiled by the Government’s climate experts.
Business guru Lord Turner, chairman of the Committee on Climate Change, said the UK had to slash greenhouse gas emissions by 60 per cent by 2030 to help tackle global warming.
The costs of switching to green power and transport would be covered by new environmental taxes and higher fuel bills.
Experts say the plans will cost around 1 per cent of the UK’s gross domestic product by 2030 – the equivalent of £30billion a year’.
Glancing at the first few comments underneath the article (on the Daily Mail’s page) it’s interesting to see well informed comments tearing apart the notion that wind farms are fit for purpose. The fact this is the conclusion is being reached by so many people (admittedly not all) who have spent five minutes researching and thinking about wind farms only makes their endless official promotion as ‘a good idea’ stink of a scam.
At the risk of stating the obvious, whether wind farms are ‘a good thing’ or not seems to largely depend on whether you are making loads money from them or being paid to support them ….. or not.