May 21, 2008
Economics, U.S.

Federal Financial Interventions and Subsidies in Energy Markets 2007

U.S. Energy Information Administration

Table 35 on page 106 of this report shows that wind energy received $23.37 per megawatt-hour of its electricity production in 2007. This compared with 44 cents for coal, $1.59 for nuclear, and 25 cents for natural gas (the three main sources of electricity in the U.S.).

Note: This is the most comprehensive study that the EIA has done, but it’s still far from complete. For wind, for example, they completely missed the federal 5-year double-declining-balance accelerated depreciation (5-yr, 200% DB). Most other generating units must use 20-yr, 150% DB. Also, the study is limited to federal “financial interventions” so there is nothing on regulatory subsidies (e.g., renewable portfolio standards or green energy programs that create a higher-price market) and various other subsidies provided by FERC or state regulations.

Download original document: “Federal Financial Interventions and Subsidies in Energy Markets 2007 [1]

Also see:  2010 [2], 2013 [3], 2016 [4], 2022 [5]


URL to article:  https://www.wind-watch.org/documents/federal-financial-interventions-and-subsidies-in-energy-markets-2007/


URLs in this post:

[1] Federal Financial Interventions and Subsidies in Energy Markets 2007: https://docs.wind-watch.org/US-subsidy-2007.pdf

[2] 2010: https://www.wind-watch.org/documents/direct-federal-financial-interventions-and-subsidies-in-energy-in-fiscal-year-2010/

[3] 2013: https://www.wind-watch.org/documents/direct-federal-financial-interventions-and-subsidies-in-energy-in-fiscal-year-2013/

[4] 2016: https://www.wind-watch.org/documentsdirect-federal-financial-interventions-and-subsidies-in-energy-in-fiscal-year-2016

[5] 2022: https://www.wind-watch.org/documents/federal-financial-interventions-and-subsidies-in-energy-in-fiscal-years-2016-2022/