This paper is retailing a report from the Renewable Energy Foundation (REF) which asserts that wind is failing to deliver value for money and distorting the development of other renewable energy sources. Furthermore, excessive subsidies make them an expensive and inefficient way of reducing greenhouse gas emissions.
The report is actually written by John Constable, of REF, and Robert Barfoot, the chairman of the North Devon branch of the Campaign to Protect Rural England. And even this has a greenie tinge as they say the subsidy scheme is encouraging energy firms to build as many wind farms as possible because it is more profitable than investing in other more expensive forms of renewable technology, such as wave power.
Actually, the main problem is that the generosity of the subsidy scheme is diverting cash from investment in longer-term schemes such as nuclear, and also driving generators to invest in increasingly expensive gas, this being the most suitable back-up for wind.
Nevertheless, the report authors say: “The market for renewable energy is an artificial one created and maintained by government legislation. The question is whether this consumer-derived money is well spent. It is worth noting that the excessive subsidy offered to onshore wind development has drawn developers even to sites where the wind resource is very weak and the environmental impact severe.”
Full report at EU Referendum