Do Oil and Gas get Subsidies? The Truth and not the Spin

The Renewables industry and to a lesser state the government quote that Oil, Coal and Gas are subsidised to the tune of £3.7 billion. Is this true or spin? They quote wind is free but then at point of origin so is oil, gas and coal. It is the extraction and transport that costs money in exactly the same way that wind is saddled with these costs. The difference is the density of energy. Read the book Power Hungry by Robert Bryce and that defines the density of the different elements. Wind energy will require some £16 billion of infrastructure to deliver energy to the consumer. Add that to construction, maintenance and ground rent and demonstrably wind energy is not free and is in fact a great deal more expensive than alternative energies. It all comes down to that phrase Energy Density. However to obfuscate and confuse the issue the Renewables Industry have jumped on a band wagon of Subsidies to Nuclear and Fossil fuels. Putting aside the issue of constraints payments which apply to fossil fuels, nuclear and wind but actually cost more to fossil than wind because of the intermittency of wind and the obligation to the Grid to use wind primarily whilst still contracting spinning reserve. Stuart Young,the author of the JMT report, has produced a peer reviewed paper to define and discredit the spin of the wind industry. Click here to view Coal gas and oil subsidy 28 Aug 2012

Advertisements

About Dougal Quixote

Slightly mad. Always believes a cup is half full so continues to tilt at Wind Turbines and the politicians that seem to believe it is their god given right to ruin Scotland for a pot of fool's gold.
This entry was posted in Wind farms. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s