More Bad News Blows in for Wind Power

Visions of wind farms stretching across the prairie capture our imagination, and our tax subsidies. CEOs of great companies like GE shill for wind to sell turbines. Spain warned the US about the illusion of green jobs, which turned into a costly boondoggle that increased the cost of electricity and created few sustainable new jobs.

The UK Mail reports that more than half the subsidized wind farms in England were built where there is not enough wind. Some deliver only around 5% of potential, while most others are under 25%. The report concludes that subsidies – and the allure of quick payback – are driving developers to build in the wrong places. Only eight of the 104 on-shore wind farms are above 30%, which is a reasonable threshold for proper siting. To add insult to injury, the Mail further reports that taxes to pay for these boondoggles are set to treble over the next decade.

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About Duncan Davidson 228 Articles

Affiliation: NetService Ventures

Duncan is an advisor to NetService Ventures, where he focuses on digital media and the mobile Internet.

Previously he was at four start-ups: Xumii, a mobile social service based on a Social Addressbook; SkyPilot Networks, the performance leader of wireless mesh systems for last-mile access, where he was the founding CEO; Covad Communications (Amex: DVW, $9B market cap at the peak), the leading independent DSL access provider, where he was the founding Chairman; InterTrust Technologies ($9B market cap at the peak), the pioneer in digital rights management technologies, now owned by Sony and Philips, where he was SVP Business Development and the pitchman for the IPO.

Before these ventures, Duncan was a partner at Cambridge Venture Partners, an early-stage venture firm, and managing partner of Gemini McKenna, a joint venture between Regis McKenna's marketing firm and Gemini Consulting, the global management consulting arm of Cap Gemini.

He serves on the board or is an adviser to Aggregate Knowledge (content discovery), Livescribe (digital pen), AllVoices (citizen journalism), Xumii (mobile social addressbook), Verismo (Internet settop box), and Widevine (DRM for IPTV).

Visit: Duncan Davidson's Blogs

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