It doesn’t matter how many times the eco-loons are told that wind is a complete and utter waste of money, they refuse to listen, as they view the monstrosities as a symbol of their cause.
Earlier this week, Matt Ridley argued that the case for wind power had been torpedoed, and now another UK study demonstrates (yet again) that wind power is highly expensive, inefficient (and ugly), claiming that wind power is ten times more expensive than using gas-fired power stations to achieve the same emissions reductions:
GOVERNMENTS are squandering billions of dollars on “uneconomic” wind farms, according to a landmark study that undermines the case for Labor’s huge renewable energy subsidies.
Investment in wind turbines will fail to cut enough greenhouse gas emissions to justify their cost, economists warned yesterday after a detailed British analysis released this week
The conclusions challenge a cornerstone of Labor’s climate change policy as the federal government pours taxpayer funds into wind projects using direct subsidies, a planned $10 billion investment fund and renewable energy targets.
In a finding with direct relevance to Australia, the study by University of Edinburgh economics professor Gordon Hughes warns that using wind turbines to cut emissions costs 10 times the price of a gas-fired power station.
“Wind power is an extraordinarily expensive and inefficient way of reducing CO2 emissions when compared with the option of investing in efficient and flexible gas combined-cycle plans,” he concludes.
Professor Hughes, a commissioner on Britain’s Infrastructure Planning Commission and a former World Bank senior adviser, conducted his study for the Global Warming Policy Foundation, which is chaired by former Conservative chancellor Nigel Lawson.
The British study warns of the rising cost to consumers of wind power subsidies on the grounds that governments could achieve the same environmental benefits by other means at much lower cost.
Comparing a £13 billion ($19bn) outlay on a combined-cycle gas plant against a £120bn outlay on wind farms, Professor Hughes found the renewable energy option was too expensive by any standard. (source)
Note that this isn’t just about rubbishing renewable energy, this is about reducing emissions in the most cost effective manner (if you believe that such reductions are required, that is). And on any basis for comparison, wind just sucks – big time. In years to come, when they are finally abandoned, they will be regarded as a monument to astonishing Green stupidity.
The full report (PDF) is here.










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