We read in this mornings paper that Wind companies are breathing a sigh of relief as they have more time before they have to produce.
The province announced a change in its 2007 renewable electricity regulation on Friday. The change adds a year to the deadline that required Nova Scotia Power to obtain five per cent of its electricity from renewable sources by Dec. 31, 2010. The utility now has until Dec. 31, 2011, to meet that target.
The renewable energy regulation threatens Nova Scotia Power with fines if green targets are missed.
The change is part of the government’s plan to obtain 25 per cent of its electricity from renewable sources by 2015. [source]
We too are breathing a sigh of relief because we know that we would be paying those fines in higher energy bills since the company will pass on its costs. Also the delay gives us all, including our new provincial masters, more time to rethink wind power as an alternate energy source. How realistic is this target of 25 % by 2015?
Let’s look at how other countries are doing? Like Denmark.
While proponents of wind power like to claim that almost 20% of Danish electricity is generated by wind power, in fact over the last five years wind power has accounted for only about 9% of domestic electricity consumption. The other 11% or so — generated when the wind was blowing in the middle of the night or at other times that power was unneeded in Denmark — was exported to Norway and Sweden at spot prices that were substantially lower (often zero) than the subsidized prices guaranteed to Danish wind turbine operators. Meanwhile, when the wind wasn’t blowing in conformity with Danish needs, Denmark needed to import balancing power from Norway and Sweden, typically at substantially higher costs.
We can bet you your bottom dollar we won’t do better in NS. Do we plan to subsidise this green industry? Denmark does and the consumer pays twice – first in power costs and then in taxes.
Danish householders pay 2.5 times more than Danish industry. Even before taxes, the average consumer price for wind-generated electricity is 50% higher than that from fossil fuel generated electricity. ..A very optimistic ball park estimate of real net jobs created is around 10% of the total wind power work force, or 2,800 jobs. In this case, the actual subsidy for each additional job created is US$90,000 to US$140,000….
The Danish Economic Council concluded it wasn’t worth it. They said in a report in 2006:
“The wind power expansion in the 1990s is an example of a policy that was unprofitable from society’s point of view, even taking the economic advantages that the wind business enjoyed into consideration.”
Related: How many of these have YOU spotted?
Later: our favourite:
4. Alien computers that run Windows
Independence Day, we’re looking at you. It is almost impossible to write a virus that will affect both Macs and PCs. And yet somehow Jeff Goldblum’s character manages to write a nasty little piece of malware that he can upload into an alien mothership’s mainframe and bring down its shields.
It’s a good thing they didn’t have Norton Antivirus, or humanity would have been screwed.