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Economics from the Windicator

In America and Ireland the electricity markets now recognise that wind energy is the cheapest form of generation. In other places, however, support mechanisms serve to obscure this fact, sometimes even inflating the price consumers pay for wind power, as in Britain and Spain. Publication of the British government's long awaited energy review document was disappointing for the wind industry. Instead of remaining objective on power economics, the authors were more concerned with massaging the figures to show that nuclear is the cheapest option.

Oil prices appear to have peaked and gas prices are linked to them. Wind's economic advantages may become less pronounced. Transmission issues are becoming increasingly important in Britain, Germany and some parts of the United States. If transmission expansion is not accelerated, lack of capacity will slow wind's growth in the future.

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