After a long hiatus, I’m back to building on our relatively comprehensive page on World Wind Power.
The Short Story on Subsidies:
1. only taking some hidden coal subsidies out of the picture, coal would be 2-3 times more expensive than wind (and that’s if wind got absolutely no subsidies!);
2. nuclear energy received as much in subsidies each year from 1950-1990 as wind had received in total up to 2007, $3.75 billion (even with all those subsidies, many of which continue today, nuclear can’t compete with other electricity sources)… and this is not taking into account considerable environmental and storage externalities;
3. big oil got more money in tax breaks in 2011 alone ($4 billion) than the wind industry had received in total up to 2007 ($3.75 billion), and it is expected to get $77 billion more by 2021.
In other words, wind power subsidies are nothing compared to fossil fuel and nuclear industry subsidies. Without subsidies, electricity prices would be:
- Wind Power: 6-7 cents/kWh
- Nuclear Power: 11-20+ cents/kWh
- Coal Power: 9-32+ cents/kWh
And coal and nuclear costs are expected to rise considerably in coming years while wind costs fall.
I'm the director of CleanTechnica, the most popular clean energy website in the world, and Planetsave, a leading green and science news site. I've been covering green news of various sorts since 2008, and I've been especially focused on solar energy, electric vehicles, bicycling, and wind energy for the past few years. You can also find my work on Scientific American, Reuters, Think Progress, GE's ecomagination site, several sites in the Important Media network, & many other places. To connect on some of your favorite social networks, go to zacharyshahan.com or click on some of the links below.