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Wind energy not yet profitable  

Credit:  www.dutchnews.nl 17 November 2011 ~~

The government has invested a total €3bn on developing wind technology and compensating for the losses over the past 20 years, according to a new report by the national statistics office CBS.

The CBS figures show last year, the wind energy sector made a loss of €150m but received €360m in government support.

The loss is largely due to low electricity prices and the shortage of wind, the CBS said.

The figures are contained in the CBS’s 2010 (English language) environmental accounts.

Source:  www.dutchnews.nl 17 November 2011

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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