WIND AND NEGATIVE PRICES, THE FACTS

Gain Exceeds the Cost With Wind Energy; The tax relief provided to wind energy more than pays for itself.

Michael Goggin, May 26, 2014 (Wall Street Journal)

“…Negative prices are extremely rare and are usually highly localized in remote areas where they have little to no impact on other power plants, are caused by inflexible nuclear power plants much of the time, and are being eliminated as long-needed grid upgrades are completed…Wind energy's real impact is saving consumers money by displacing more expensive forms of energy, which is precisely why utilities bought wind in the first place. This impact is entirely market-driven, occurs with or without the tax credit, and applies to all low-fuel-cost sources of energy, including nuclear…[T]ax relief provided to wind energy more than pays for itself by enabling economic development that generates additional tax revenue and represents a small fraction of the cumulative incentives given to other energy sources.” click here for more

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