U.S. Wind Turbine Output Drops Steeply After Ten Years, When The Subsidies Expire - American Experiment

U.S. Wind Turbine Output Drops Steeply After Ten Years, When The Subsidies Expire - American Experiment
"...examines production decline data from 917 wind facilities throughout the United States, and found that wind turbines become 13 percent less productive by the time they are 17 years old, and that most of the decline in production occurs after year ten, which just so happens to be the time frame when the projects are no longer eligible for federal subsidies.
It’s All About the Subsidies, Baby!
Wind power is entirely dependent upon government subsidies to be profitable.
Investors like Warren Buffett know this, and the wind industry does, too, which is why they are constantly lobbying to get the wind Production Tax Credit extended.
The interesting thing about the LBNL study is that it quantifies how production plummets once wind companies are no longer able to line their pockets with your tax dollars...
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