This is what the US can expect if Congress continues to throw our money at this failed industry.
According to the article, “experts say that over-generous subsidies mean hundreds of turbines are going up on sites that are simply not breezy enough.
Britain’s most feeble wind farm is in Blyth Harbour in Northumberland, where the nine turbines lining the East Pier reach a meagre 4.9 per cent of their capacity.
Another at Chelker reservoir in North Yorkshire operates at only 5.3 per cent of its potential, the analysis of 2009 figures provided by energy regulator Ofgem found.”
Michael Jefferson, the professor of international business and sustainability who carried out the analysis, says financial incentives designed to help Britain meet green energy targets are encouraging firms to site their developments badly.
Pay for performance … now that’s an interesting thought!