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The powerful Danish wind industry in the last six years received over 80 billion, with the bulk of the money going to project owners and investors. At the same time, Danish electricity consumers paid $4.6 billion in so-called PSO charges last year for wind power. That figure has skyrocketed by 270 percent over the past five years.
Energy bills are rising so steeply that they could overtake mortgage repayments in parts of Britain in just five years' time, the chief executive of supplier, First Utility, has claimed.
utility bill. Analysis by First Utility shows that UK dual-fuel bills have risen by an average of 8.5pc a year over the last five years to reach current levels of £1,420.
Power companies operating wind farms in Scotland were paid more than £1 million to shut down their turbines for a single day last month, Scotland on Sunday can reveal. ...The so-called "constraint payments" are paid by the National Grid to energy companies when energy supply outstrips demand - turbines are switched off so they stop producing electricity to rebalance the system.
Origin CEO Grant King says carbon tax, renewables targets hurt industry
May 1, 2013 by Michael Bennet in The Australian
May 1, 2013 by Michael Bennet in The Australian
The boss of Origin Energy, one of the nation's largest energy providers, has called for a review of Australias renewables targets along with the carbon tax, which he said put the nation at an increasing competitive disadvantage .
Siemens says German energy switch on track for failure on costs
April 30, 2013 by Stefan Nicola in Bloomberg News
April 30, 2013 by Stefan Nicola in Bloomberg News
Germany is burning more coal because gas plants are not economical, subsidies for renewables are pushing up power prices, and a greater share of fluctuating renewables threaten the stability of electrical grids, Michael Suess, chief executive officer of Siemens Energy, said.
A Federal Court decision has triggered a South Australian parliamentary investigation into whether wind farms can devalue neighbouring properties.
The terms of reference have been expanded for a select committee looking into wind farm developments.
Congress is slowly but steadily drilling into energy policy tax issues, but anyone hoping to see detailed plans soon may be disappointed.
"Like any good play, you have to set the scenes, and we'll see what happens in the final act," said Steve Nadel, executive director for the American Council for an Energy-Efficient Economy.
Merkel's no-nuke stumble may erode re-election support
April 11, 2013 by Stefan Nicola in Bloomberg News
April 11, 2013 by Stefan Nicola in Bloomberg News
Merkel's main opponent in the election, Peer Steinbrueck of the Social Democratic Party, is capitalizing on discontent with the energy switch. In December, he said at an SPD summit that Germans now live in fear of power outages because of government missteps. One month later, the SPD beat Merkel's CDU in a vote in Lower Saxony -- the third straight regional defeat for the incumbent party and a sign that its lead in the national election may be eroding.
EU Energy Chief Wants to Prioritize Affordability
April 10, 2013 by Jan Hromadko in Wall Street Journal
April 10, 2013 by Jan Hromadko in Wall Street Journal
"Today we are looking at climate protection in its entirety, taking into account that energy has to remain affordable for industries and private households," Günther Oettinger, the European commissioner for energy, said in an interview with The Wall Street Journal.
Any new carbon or clean-energy targets should be more "modest and pragmatic" in light of the continent's economic woes, he said.
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New York renewable power plan would cost $382 billion by 2030
April 8, 2013 by Louise Downing in Bloomberg News
April 8, 2013 by Louise Downing in Bloomberg News
"It's too ambitious by 2030 to replace all the state's power with renewables," Angus McCrone, a senior analyst at Bloomberg New Energy Finance in London, said today. The projections, he said, look "unrealistic" for individual technologies. ...offshore wind turbines would cover an area of about 4,903 square miles, and onshore machines would cover a further 1,000 square miles.
Merkel Losing Allies in $700 Billion Shift to Renewables
April 5, 2013 by Stefan Nicola & Tino Andresen in Bloomberg News
April 5, 2013 by Stefan Nicola & Tino Andresen in Bloomberg News
With consumer power bills increasing and Merkel facing elections in September, Germany's energy policy is rising on the political agenda. The cost of developing wind farms in the North Sea has surged following construction glitches and delays in linking turbines to the grid.
"The entire energy switch has derailed," Marc Nettelbeck, an analyst at DZ Bank AG, said this week by phone from Frankfurt. "The difficulties connecting offshore wind farms to the power grid reduces their profitability and renders the original investment calculations of utilities invalid."
Searchlight wind farm could reduce property values by 25-60 percent, suggest studies
April 2, 2013 by Kyle Gillis in Nevada Journal
April 2, 2013 by Kyle Gillis in Nevada Journal
Recent studies and testimony by real estate appraisers from around the world indicate that properties within two to three miles of wind turbines have seen their values decline from 25 to 60 percent - with the decreased value being "tantamount to an inverse condemnation, or regulatory taking of private property rights."
Costly renewable energy 'will damage UK's economy'
April 1, 2013 by Julian Knight in The Independent
April 1, 2013 by Julian Knight in The Independent
A cross-industry group called the Powerline is to launch a scathing attack on the Bill, due to be given Royal Assent later this year, through advertising and social media. The business leaders are furious at what they see as the energy Bill's over-reliance on costly renewable energy at the expensive of traditional and lower-cost energy sources such as coal-fired and gas power stations.
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Losses of power distributors in Bulgaria due to EU renewable energy requirements
April 1, 2013 in Novinite
April 1, 2013 in Novinite
Haritonova's comments, came in response to the intentions of EVN to sue Bulgaria over the dispute with DKEVR over the obligations for purchasing electricity from renewable energy sources.
Stressing that it had accumulated losses of BGN 100 M in Bulgaria, EVN vowed on March 19 to file a lawsuit with the International Court of Arbitration to protect its investments, unless an agreement was achieved within 3-6 months.
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Mr. Sanford said he wrote the bill because he is opposed to government mandates, not because he favors any particular energy source-a sentiment echoed by legislators in other states. "Texas is blessed with a lot of incredible resources for energy, wind and solar amongst them. But they need to be developed with free-market principles, not with the heavy hand of government directing us to an inefficient process," he said in an interview.
£286 green tax on energy bills: But ministers insist 'efficient appliances' will save us money
March 27, 2013 by Nick Mcdermott in Daily Mail
March 27, 2013 by Nick Mcdermott in Daily Mail
Energy Secretary insisted households will be better off due to initiatives but families will only benefit if they buy more efficient domestic appliances. Average bill is now £1,267 with £112 of that amount going on green taxes. By 2020 green taxes will have risen by over 150 per cent - £286 per family. Charity said government 'embarrassed by terrifying cost of green policies'. Claimed it is 'covering up' with a 'whitewash of wildly optimistic assumptions'.
Farmers fear ill wind in expansion of turbine plan
March 24, 2013 by John Thistleton in The Canberra Times
March 24, 2013 by John Thistleton in The Canberra Times
An explosion of proposed wind farms near Canberra and their divisive nature have turned communities against them, the Liberal candidate for Hume claims.
Angus Taylor said neighbouring farmers were terrified their land values will plunge 30 per cent.
Bluewater's new law would impose a building permit fee of $14,000 per turbine on wind developments. The bylaw also imposes refundable security deposits totaling $420,000 per turbine for decommissioning, health and property damage, and legal fees.
Overflow crowd at wind farm hearing; Tipton BZA listening to pros and cons.
March 21, 2013 by Ken de la Bastide in Kokomo Tribune
March 21, 2013 by Ken de la Bastide in Kokomo Tribune
At the center of the battle between opponents and proponents of the Prairie Breeze project is the potential impact on property values in the area. ...Appraiser Mike McCann, representing the CRD, said a wind farm will change the character of the area from residential and rural to industrial and decreases the desirability of selling a residential property.
More pain to come on power prices
March 18, 2013 by Peter Hannam and Brian Robins in Camden Haven Courier
March 18, 2013 by Peter Hannam and Brian Robins in Camden Haven Courier
Even though wind power is inexpensive to build, it is difficult to obtain the permits and approvals, and it also needs gas-fired power stations to generate electricity when the wind is not blowing. ...''At the moment, these are marginal fuels, free-riding on the system. Once that free ride is over, they will have to pay their way, and that will result in increased costs.''