Articles filed under Impact on Economy
"[South Australia] has moved so far ahead of the rest of Australia in terms of changes of generation", with a prominent role for renewable energy which has forced the closure of coal-fired power stations, he said. "Not only are they paying through the nose for their electricity, but with large price declines last year, and now the big rises this year – you can't get stability in household budgets.
Open letter to Premier Kathleen Wynne
Did the wind industry ever tell you that their turbines are of no practical use for most of the time? Do you now understand the meaning of the capacity factor? Repeat: it is time to put the welfare of Ontarians ahead of your ego and stop this waste now.
We all make mistakes, and the smart people learn from them. It is now clear to all critical and realistic thinkers that wind and solar will never replace or even moderately supplement nuclear and other reliable sources of the electrical energy in Ontario.
CWLP shells out $100M-plus for wind power
For Springfield aldermen opposed to the 10-year-old Sierra Club deal that required the city to buy power from two wind farms, December 2018 can’t come fast enough. By then, both contracts will have expired, at which point City Water, Light and Power estimates it will have spent up to $150 million. So far, the utility has spent about $101 million. ...“There’s definitely a lesson for the future,” he said. “We have to be very, very careful when this contract comes back up. I don’t know how I could vote for it in most any form.”
Highland windfarm operators have received £52million…. for switching turbines off
Highland anti-windfarm campaigner Lyndsey Ward said: “These are mind-boggling sums of money that enriches the already wealthy wind multinationals to not generate electricity – and it comes out of our pockets. “It’s time to end this madness.”
MSU economics study has implications for Sheppard, wind farms

Energy Transition: wind turbines stand still while costing hundreds of millions of euros
Because the power grid is overloaded, more wind wheels must always be limited. This costs the network operators hundreds of millions of euros.
Electricity is more expensive than ever - How did it happen
For a year, Germans could hope for decreasing, or at least stable electricity prices. But now they know their expectations will not met. Quite the opposite: A recent analysis of price comparisons by TopTarif reveals that consumers are currently paying as much for their electricity than ever before.
Dominion encouraged by new bids for offshore wind turbines, but no decision yet
A second round of bids to build two wind turbines off the Virginia Beach coast appears to have lowered the price, but Dominion Virginia Power officials haven’t decided yet whether to green-light the demonstration project. “We are optimistic, but it is a fairly hefty cost to deploy these turbines,” Mark Mitchell, a Dominion vice president, said in an interview Wednesday.
Clarkson study: Henderson could lose $40 million in property value from Galloo Island wind project
Because Henderson wouldn’t receive any tax benefits from the wind project, its impact would be largely negative — especially for the value of waterfront properties. The analysis of property values in Henderson was based on a review of the impacts of the Wolfe Island Wind Farm on properties in Jefferson County, ...Based on the sale of 26 properties in Jefferson County with a view of the turbines on Wolfe Island, the analysis found that the value of the properties depreciated by about 15 percent after the wind farm became operational in 2009.
Energy poverty rising in Canada
“The high incidence of energy poverty in Canada, particularly when gasoline expenditures are included, should be of central concern when policies regarding energy are devised. Policies that raise prices could exacerbate problems faced by families who are in energy poverty, or those on the cusp of energy poverty.”
Wind and solar have destroyed the ability of the market to signal price
Thanks to government policies deliberately distorting the market, we have over-invested in wind and solar. It has blighted investment in reliable capacity that can keep the lights on. This is the crux of Britain’s energy crunch. Clearly it was a colossal mistake to have embarked on renewables with storage unsolved.
Pull the plug! Danes pay EU’s highest electricity prices
The Eurelectric analysis showed that without all of those excess costs, Danes would pay electricity costs under the European average. Lars Aagaard, the CEO of the Danish Energy Association (Dansk Energi) said the high level of taxation is strangling Denmark’s green conversion.
Is Deepwater Wind's Block Island project worth the cost to ratepayers?
Ratepayers are expected to pay an above-market price of $440 million for Deepwater’s energy over the next two decades, according to a 2015 filing with the state Public Utilities Commission. Critics say total tab will be more than $500 million, due to added costs, like laying the cable linking Block Island to the mainland. This cost sparked the filing of a federal lawsuit last year that attempts to undo the contract between the utility company National Grid and Deepwater Wind.
£4m a week not to use windfarms
As more wind farms sprout up in Scotland an increasing amount of subsidy is being paid. The £51.5million subsidy paid to wind farms is more than double the £22.7million paid over the same three months last year.
Recent hydro bills 'shocking' for some
The origins of the current situation can be traced back to former Liberal leader and then-Premier Dalton McGuinty signing “enormous, outrageous renewable energy contracts.” ...over the next 20 years the wind turbine projects that are already built, as well as the projects on the books, will cost $60-billion and are only producing 4% of Ontario's overall electricity needs.
Wind Study in Collingwood: Study warns Collingwood Airport would be negatively impacted if turbines are built

South Australia faces crisis over power availability, prices
South Australia has increasing reliance on wind as a power crisis looms. The national energy market regulator has warned that South Australia is likely to face continued price volatility and “significantly lower” electricity availability with the retirement of two gas and coal power stations and an increased reliance on wind.
Denmark, a green energy leader, slows pace of its spending
“I think the criticism is over the top,” Lars Christian Lilleholt, Denmark’s energy minister, told the Politiken newspaper last month. He said the country still planned to invest 800 million krone, or $114 million, in green energy research in the coming year. “There is less money, but it is still a lot. And I sit in a government that must find a way for the Danish economy to make ends meet.”
Ontario Hydro customers paid billions extra because Liberals ignored their own energy plans: AG
The auditor found the Green Energy Act is also driving up rates. Hydro customers will pay a total of $9.2 billion more for wind and solar projects under the Liberals’ 20-year guaranteed-price program for renewable energy than they would have paid under the old program. Ontario’s guaranteed prices for wind power generators are double the U.S. average, while the province’s solar power rates are three-and-a-half times higher.
Telling the truth about Vermont's energy policy
The vast building and subsidizing of renewable energy facilities throughout Vermont will not affect climate change. ...By following these policies we will not pass on to the next generation a Vermont that is one iota cooler or more stable than it otherwise would be. It will be, however, uglier, less accessible, more expensive, and harder to find a job. Talk about a call to burn down the village in order to save it!