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Wind power feed-in tariff would cost Finns EUR 780 mln  

Finland’s trade and industry ministry said Monday that a feed-in tariff for wind power would cost the consumers about 780 million euros through the end of the next decade.

A feed-in tariff could, according to a study commissioned by the ministry, pay for the construction of about 2,000 megawatts of new wind power generating capacity.

Electricity generated by wind power stations is considerably more expensive than the current market price of power.

Under a feed-in tariff scheme, the government fixes an above-market price rate for renewable energy.

/STT/

virtual.finland.fi

15 October 2007

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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