Professor Gordon Hughes of the Edinburgh University School of Economics has released a report on the cost of wind power. He comes up with an analysis which questions the economic case for wind. For example:
- 'A typical wind turbine generates power that is worth around £150,000 per year but attracts subsidies that are worth more than £250,000 a year.'
- 'Indeed, there is a significant risk that annual CO2 emissions could be greater under the Wind Scenario relative to the Gas Scenario.'
- 'Wind power is an extraordinarily expensive and inefficient way of reducing CO2 emissions when compared with the option of investing in efficient and flexible gas cycle combined cycle plants.'
- 'The cost of the Renewables Obligation scheme alone has risen from £278 million in 2002 to more than £1 billion in 2011. . . '