To: Gorjus
I wonder if wind power would be cheaper than fossil fuels if it weren't so heavily subsidized The answer is yes, when oil is at $70 a barrel, no when it is at $20 a barrel. Right now it is very profitable without subsidies of any kind. The break even point on wind power is about $50 a barrel. That would likely decrease as the market grows.
To: SampleMan
The break even point on wind power is about $50 a barrel.
I'm not discounting your statement out of hand, but what's your data source on that? Except in areas of strong, steady wind (as I mentioned in my first posting), wind power generators often consume more electricity to power their magnets than they produce - and even when the winds are right the net production is very small. They also have some pretty significant maintenance/depreciation requirements that are factored into conventional power plants but often ignored when considering only net cost per watt produced/consumed.
I'd appreciate knowing your data source so I could see what's changed since the last time I looked into it in any depth. But when I did, it was ONLY the subsidies that made wind power viable at any price.
61 posted on
04/21/2006 6:50:52 AM PDT by
Gorjus
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