Does the wind industry depend on government subsidies?



Although electricity produced by wind is supported by governments, oil, gas, coal and nuclear all receive subsidies, and, despite having been subsidised for more than 50 years, continue to get substantially more than wind.  

The International Energy Agency’s 2011 World Energy Outlook shows that in 2010, renewables got just $1 for every $6-7 given by governments to fossil fuels.  

“Fossil fuels [are] still receiving four times the level of subsidies [as renewable energy]”, European Commission said in 2011 (in the Communication: “Renewable Energy: Progressing towards the 2020 target”.)  

The IEA goes forecasts that government support for renewables will increase to $250 billion in 2035. That is still – a quarter of a century in the future – less than half of the sum being doled out to fossil fuels today. The UK has now set aside £54bn for decommissioning its nuclear power stations – enough to pay for wind turbines to produce 40 percent of UK’s power demand.

Windaba 2013

 

Call for abstracts closes on 31 May!