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Green-Energy Costs - Are They Sustainable?
April 14th, 2009 | 
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As I’ve said before, in order to use alternative energy sources in a sustainable manner, we need to make sure that the organizations providing the service and technology are making a reasonable profit – but not gouging us just because the power is “greenâ€.
Does manufacturing a wind turbine cost that much more than coal stations (per Kilowatt hour)? Does operating a wind turbine cost that much more?
In most cases the answer is no. Operating a wind turbine might even cost less.
In relation to this, Jay Hancock recently posted on his blog questions about green energy certificates in Maryland. He says…
Wind farms in California and Texas sell electricity on the wholesale market, with a significant boost from federal production tax credits for renewable energy. But prices for renewable-energy certificates, as negotiated by brokers and power producers, are very low — 10 percent of the difference between the cost of producing nonrenewable and renewable energy, and far too little to actually spur production.
You can read the rest of Jay’s post at Jay Hancock’s Blog.
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