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Lack of wind, low electricity prices hit wind turbine owners 

Credit:  March 22, 2017 | www.dutchnews.nl/ ~~

A lack of wind and low electricity prices hit wind turbine owners hard last year, according to new figures from wind power cooperative Windunie.

In total, the amount of electricity generated by wind power fell by 20% last year, Windunie said.

‘It’s a risk,’ director Axel Posthumus, told the Volkskrant. ‘You have bad years. However, the low energy prices (down to 2004 levels) have delivered a second blow.’

Some of the 400 turbine owners in the cooperative actually made a loss last year, Posthumus said.

In particular, old, maintenance-intensive turbines which are no longer eligible for subsidies are proving a drain on their owners. They also produce less power than modern turbines, the paper said.

Despite the lack of wind, figures from national statistics office CBS show that the amount of energy generated by wind turbines has almost tripled since 2006. This is mainly due to the development of larger, more efficient turbines.

Source:  March 22, 2017 | www.dutchnews.nl/

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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