While being aware of how little energy wind turbines develop, I would have more time for their claims if they would cut the cant about global warming, saving the world through reduction of CO2 etc, and come out into the open and tell us how much profit these machines collect from the subsidy we all pay. Let developers tell us just how much profit they are making and, while developing this theme, perhaps the British Wind Energy Authority would also like to make a statement on this, that is if it can keep off the "we are saving the world" statements and "global warming being a greater threat than terrorism".

The negative prices appear to be the result of the large installed capacity of wind generation. Wind generators face very small costs of shutting down and starting back up, but they do face another cost when shutting down: loss of the Production Tax Credit and state Renewable Energy Credit revenue which depend upon generator output. It is economically rational for wind power producers to operate as long as the subsidy exceeds their operating costs plus the negative price they have to pay the market. Even if the market value of the power is zero or negative, the subsidies encourage wind power producers to keep churning the megawatts out.

Once a booming industry thanks to sky-high oil prices, the feel-good trend, carbon reduction and subsidies, the financial crisis has pushed investors to give up on green energies, and like the dot-com bubble of 2000, some analysts say it's about to burst. ..."I think economic reality will kill the green industry," said Mr. Buckee, who now lives in Britain and lectures on climate change. Solar energy isn't alone in its woes. Wind, biomass, biofuel and other "clean-tech" companies are getting pasted too as the financial crisis sends investors fleeing from technology names, dries up credit and freezes the IPO market.

The Lone Star State's renewable-energy mandates - combined with the federal government's generous tax credit for wind-energy production - have helped Texas become the nation's leading installer of wind-energy capacity. You won't find much opposition here to wind energy's rapid expansion, because so much money is pouring into the state. It's all fun and games - until Texas consumers pay the long-term price for everyone else's short-term gain. And pay they will. In my just published study, Texas Wind Energy: Past, Present, and Future (PDF here), we estimate that forcing even modest levels of wind-energy generation on Texans will cost ratepayers and taxpayers up to $4 billion a year, and at least $60 billion through 2025.

The likes of wind farms and other similar ventures have always been seen as more of a headline grabber in the UK rather than a real alternative for the future. The authorities have given minimal tax incentives for companies to get involved and there have even been complications with getting them connected to the national grid. All in all the alternative energy market has been launched and re-launched on many occasions but it is just not working.

[W]e are being urged to support the construction of massive wind turbine farms all over this country. Why are these developers so eager to build these massive inefficient industrial complexes? Because our state and federal government are offering lucrative tax incentives to build them. Where do you suppose this money will come from? The taxpayers. These international companies hire public relations firms to market their product. They love to use buzzwords such as: green energy, renewable energy, carbon exchange, global warming, etc., to lure you into thinking wind turbines are the answer to our energy needs.

Wind power and other renewables have their place in the energy mix. But since the federal subsidies for wind farms are so large, it's unclear Texas needs to provide additional incentives. These funds could be better used to raise teacher salaries and otherwise upgrade the quality of public education across the state. Removing or reducing the state incentives for wind generators will not by itself solve the education crisis in Texas, but it would be a step in the right direction.

Gradually, the message is beginning to sink in. With wind farms already growing in unpopularity, people are now waking up to the gigantic scale of the rip-off being perpetrated. As more and more people begin to understand this, it should only be a matter of time before the whole programme crashes and burns. But, there is one minor problem ... wind energy is an EU-supported obsession. To stop the scam, we have to confront the EU. Is there a politician brave enough to do this?

A few months ago, the Dallas area experienced rolling brownouts when a front moved through and the wind died unexpectedly, causing a large amount of wind-generated power to die out. Power plants had to scramble to get their gas- and coal-fired generators up to speed to offset the lost power when the wind generators dropped off. That's a problem because generating stations and their equipment do not take drastic changes in load easily, especially the big coal-fired plants. Equipment has to warm up, and keeping them "on standby" requires energy, in addition to "wear and tear."

Creating a welfare-dependent industry in the province may benefit the backers of these projects, but the potential cost to taxpayers is huge, and the outlook for an unsubsidized industry is grim. ...The wind power industry in Canada gets a federal government subsidy of $10 per megawatt hour. But B.C. consumers can expect to dig deeper. The cost of electricity from wind power is about $71 per megawatt hour. That compares to about $48 for natural gas and $25 for electricity produced from B.C.'s heritage hydro assets.

For now, wind power's triumphant march in the U.S. can count on another legal smackdown of "NIMBYism," after a Texas appeals court yesterday dismissed a suit by landowners upset with a big wind farm built by FPL Energy. Landowners decried the turbines' noise and their spoiled sunsets-which the court agreed was a pity-but the appeals court couldn't find grounds to rule against the power company. ...Congress is meant to reconvene next month for yet another attempt at renewing clean-energy tax credits. But does it have any recipe to make clean energy more appealing to the folks who hate it?

When Young County commissioners began discussing details of the abatement with special counsel Alan Carmichael last week, the majority seemed very interested in finding a way to maximize the amount of money Young County stands to bring in if the farm is built. While that makes perfect sense up front, it could prove perilous to the entire project. With several other counties vying for wind farms from BP, it may not take much to sway the company one way or another. In Archer County, rumor has it that commissioners are planning to agree exactly to the proposal made by BP.

Pickens' plan is basically a couple of pie charts showing how he'd like to see the U.S. energy economy work. ...He gives no specifics publicly, but he's made it clear that it's up to Congress, not consumers or investors, to make this vision become reality. Because Pickens has announced his gambit in the name of the environment, the media have dropped the skepticism they usually apply to the claims of businessmen trying to make a buck. Because his plan involves government - meaning you and I pay the costs - that skepticism ought to be even greater.

It is clear the majority of commissioners court is in favor of allowing the wind farm to go up in northern Young County. From a government perspective, the choice is easy. By agreeing to waive some of the property tax for 10 years, commissioners will see the income to the county rise by between $200,000 and $400,000 each year. ...While wind farms are often beneficial to property owners who lease their land, they are frequently hated by other land owners. The bottom line is putting 40 or 50 wind generators up in Young County will drastically change the scenic view many people have become accustomed to. If you want an example of what you may see, just drive down Highway 16 South toward Possum Kingdom Lake and look at the windmills sitting south of Bryson.

Iberdrola of Spain, owner of Elk River, realized over $9.9 million in PTC allowances in 2007. Foreign companies are not regulated by the Kansas Corporation Commission. There are no state or federal regulations of any kind on WECS. Few Kansas counties have wind regulations. WECS will force consumers to pay for their electricity three times; to build the WECS, build conventional power as backup, and additional transmission lines to carry power from the WECS to the grid. WECS will not produce large economic benefits to a community as evidenced by records from Gray County (Montezuma), or Butler County (Elk River). Elk River has produced seven jobs. Most employees live outside the community.

The wind is free, but the cost of harnessing its power doesn't come cheaply. Each wind turbine can cost more than $1 million. Transporting the power from western Oklahoma to the population centers is even more expensive. Texas, for example, is investing almost $5 billion to create its own transmission system.

If wind energy were a sensible economic investment, it would not need federal and state subsidies already in place or the additional subsidies inherently needed in the wind power expansion directly and inferentially sought after by Pickens. Similarly, if compressed natural gas (CNG) vehicles are really an economically viable alternative to conventional gasoline-powered vehicles, they would have succeeded in the market place and no government subsidy would be necessary. We can wish T. Boone Pickens well in his wind energy business, but there is no reason for taxpayers, ratepayers or consumers to pay him for his investments.

The potential for wind energy is vast, but forgive West Texans if they have an overblown (pun intended) view of what it could mean in the future. Among those, of course, would be Panhandle oilman T. Boone Pickens ...All that said, we have to understand the realities of the entire nation and not be dazzled by the positive effects that have been and will be felt from a regional standpoint.

Every wind-generating power company in New York needs to come under closer scrutiny. There is just too much public money at stake. An aggressive watchdog is needed to make sense of the complicated deals they make, to protect taxpayers and to monitor the conduct of public officials whose decisions can yield wind generators millions of dollars. That's why a state attorney general's investigation of two wind-power companies is so important -- and why a critical, independent eye should be kept on the rest of the industry. ...These agreements need to above-board without even the hint of conflict.

The more you learn about T. Boone Pickens' plan to switch America to wind power, the more you realize that he seems willing to say and do just about anything to make another billion or two. This column previously discussed the plan's technical and economic shortcomings and marketing ruses. Today, we'll look into the diabolical machinations behind it.