MARKET FORCES

We've heard it all before. Wind power is "Too Expensive". Wind turbines are "Inefficient". You know the rest.

What is so odd about these pronouncements so routinely yelled out by the anti-wind mafia is that they take no account of the way things work. Technology develops (especially when there is a pressing and growing need for it to do so) and markets adjust. So that when the nimbies cry out that wind power is "Too Expensive", not only to they fail to explain what that means (too expensive compared with what?) but they also try to give the impression that this is a fixed thing that can never change.

Well, a report just published by Bloomberg New Energy Finance shows how fast things are changing. With the costs of wind power falling rapidly (in the US, for example, wind turbines are now thirty per cent cheaper than they were three years ago) and improvements in design increasing the load capacities of modern turbines, wind power is now rivalling fossil fuel-based generation. Read all about it:

http://www.businessgreen.com/bg/news/2124487/onshore-wind-reach-grid-parity-2016

Basically, this means that it's getting more and more difficult for the nimbies to justify their sweeping statements about windfarms being "too expensive" and "inefficient", on the grounds that they are neither. They are becoming as cheap as the alternatives. Indeed, if the hidden costs of carbon emissions are factored in, wind power is already as cheap as, if not cheaper than, gas. And wholesale gas prices have been shooting up, lately, so wind power is extremely likely to become much cheaper while gas-fired power stations are only going to get much more expensive. That's called market forces. The nimbies want you to believe that windfarms are part of some woolly-minded green socialist conspiracy run out of Brussels. The market is deciding that they're not.

Meanwhile, a study carried out for Ofgem has considered the strange imbalance in the costs of accessing the National Grid in different parts of the UK. In short, the peculiar pricing structure that currently exists benefits southern England while making it more expensive for renewables in northern Scotland to access the grid. The study reveals that levelling the playing field would reduce the "costs" of windpower still further while undermining the case for new nuclear power stations in the UK. (See BBC article: http://www.bbc.co.uk/news/uk-scotland-scotland-business-15711200)

Once again, we find that the so-called subsidy argument that the nimbies keep blowing out of their holes doesn't stand up. What's really been happening is that the UK government has been subsidising power stations (fossil fuel and nuclear) in southern Britain and making renewables more expensive because of issues which have nothing to do with real, inbuilt costs and everything to do with skewing the market. Make access to the National Grid the same across the whole of the UK, and the "costs" of renewables go down.

It seems that, one by one, the fake and phoney arguments against renewables in general, and windfarms in particular, are falling like dominos. Which probably means that we're going to be hearing some even more ridiculous claims from the nimbies in future (such as "Lorries carrying turbine parts are longer than aircraft carriers").