Subsidies? In New Zealand? For wind power?
A conversation was under way here, sparked by my post on Germany’s “new dark age”. A reader (Andy) posed the question:
“I am intrigued by the NZ wind industry, because it seems, on the face of it, to be just about the only example in the world that is not surviving on subsidies (other than the ETS, of course). Am I missing something here?”
Now Bryan Leyland provides the startling information that NZ wind turbines do enjoy substantial public subsidies. He laid them out for me. I’ll start with the smaller ones and shock you with the biggest at the end.
First, they don’t have to predict in advance what the output will be. Of course, this would be a practical impossibility, like predicting the exact rainfall next month. But we are immediately alerted to one of the most serious drawbacks of wind generation. Continue Reading →