Saturday, May 14, 2016

Denmark says wind energy too expensive

Michael Bastasch

Denmark Offshore wind Kattegat

. . . “ 'We can’t accept this, as the private sector and households are paying far too much. Denmark’s renewable policy has turned out to be too expensive,” Lilleholt said.
"Denmark gets about 40 percent of its electricity from wind power and has a goal of getting half of its electricity from wind by 2020. But that goal has come up against a stronger prevailing headwind: high energy prices.
"Danes have paid billions in taxes and fees to support wind turbines, which has caused electricity prices to skyrocket even as the price of actual electricity has decreased. Now, green taxes make up 66 percent of Danish electricity bills. Only 15 percent of electricity bills went to energy generation.
"Electricity prices have gotten so high, the government has decided to slash green taxes on consumer energy bills.

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