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Tax Breaks & Subsidies and Denmark
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Dogfight over wind power subsidies

Posted by: Lisa on September 21, 2009 10:37:23 AM
The Liberal Party wants to cut state funding for land-based wind turbines in favour of financing biogas, hydrogen and solar cell development. Several parties oppose the idea. ...Party group chairman Kristian Thulesen Dahl said consumers had paid huge additional charges on their electric bills for almost three decades, based on an ideological desire to promote the development of wind turbines.
Note : http://www.cphpost.dk/climate/91-climate/46959-dogfight-over-wind-power-subsidies.html
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[ General | Europe | Canada ]

Vestas on crest of alternative energy wave

Posted by: Lisa on October 25, 2007 12:43:02 PM
Canadian investors looking for exposure to the booming alternative energy sector have a handful of domestic players to choose from, but the local pickings are pretty slim and most of the companies are small. So why not look overseas, to one of the green behemoths that has sprung up on the international scene? ...The fast-growing U.S. wind power industry, driven by favourable government tax policy, is Vestas' largest current market. ...Some analysts are also urging caution over Vestas' high price. "We find the shares are fundamentally overvalued," said analyst Christian Nagstrup of Jyske Bank, a Danish financial institution. The biggest risk he sees at Vestas is a bottleneck in getting parts to build the turbines. Subcontractors have been slow in delivering key components, and that could slow delivery of complete turbines, Mr. Nagstrup said in a recent report.
Note : http://www.theglobeandmail.com/servlet/story/LAC.20071025.REDGE25/TPStory/Business
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[ General | Energy Policy | USA | Asia | Europe | Germany ]

Governments struggle to find policies that will spur renewable-energy industries — without coddling them

Posted by: hughkemper on February 12, 2007 8:59:42 AM
Since the oil shocks of the 1970s, governments around the world have paid plenty of lip service to renewable energies such as wind and solar power. But only a few governments have been able to engineer policies that have begun to bring alternative energies into wider use. Renewable fuels provided 18% of the world’s total electricity supply in 2004, according to figures from the International Energy Agency, a Paris-based intergovernmental organization. Almost all of that, though, came from hydropower, a source with limited growth potential because of geographic constraints. The use of wind and solar power is growing, but they still generated only 1% of global electricity production in 2004, the latest year for which figures are available.
Note : http://online.wsj.com/public/article/SB117088196918801357-7_fqsONSid0UEbFZYnOPNcoICO0_20070313.html?mod=tff_main_tff_top
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[ General | Impact on Economy | Energy Policy ]

Wind energy costly for consumers

Posted by: hughkemper on January 29, 2007 8:21:15 AM
The government’s plan to increase the nation’s reliance on green power could expand a black hole that already sucks nearly two billion kroner out of consumers’ pockets annually. In order to promote construction of wind turbines, the government has agreed to purchase the electricity they generate at a minimum price. The guaranteed prices have had the desired effect: some 5300 wind turbines dot the Danish countryside, producing 18.5 percent of all electricity generated. The practice has its downside, however. The guaranteed prices for wind power results in an overproduction that cost the state an excess DKK 21.6 billion between 2001 and 2005, according to figures from the National Audit Agency. Due to the uncertainty of whether the wind will blow, Energinet.dk, the organisation responsible for ensuring that the country can meet its electricity demand, has to keep a reserve of conventionally produced electricity in case the wind dies down. The extra cost is typically passed on to consumers in the form of higher electric bills.
Note : http://www.cphpost.dk/get/100188.html
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[ General | Zoning/Planning ]

Wind turbines: not in my backyard

Posted by: hughkemper on October 18, 2006 7:02:08 AM
The country’s pioneering role in wind energy is threatened unless local governments ease building codes, warns the minister of the environment. Strict zoning codes have virtually halted the construction of new wind turbines in Denmark, according to Marianne Bender, the chairperson of the Organisation for Sustainable Energy. While 748 turbines were put into operation in 2000, that number fell to a mere 6 in 2006. ‘Protests from citizens and lobby organisations have hindered the building of wind turbines many places in the country,’ she told daily newspaper Nyhedsavisen. ‘At the same time, one of the government’s first actions was to remove subsidies so turbines had to compete on market conditions.’
Note : http://www.cphpost.dk/get/98502.html
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[ General ]

Danish island touts clean energy, but reality sets in

Posted by: hughkemper on February 09, 2006 4:33:21 PM
SAMSOE, Denmark -- In the late 1990s, Denmark set out to turn this farming and summer-vacation island in the Kattegat Sea into a showcase for clean energy. The government dangled generous financial subsidies. A former environmental studies teacher, Soren Hermansen, was hired to persuade residents to invest in wind turbines, solar panels, electric cars and giant straw-burning furnaces.
Note : http://www.post-gazette.com/pg/06040/652715.stm
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