Wind Turbines around 7 times more expensive than Direct Action
You would have to be bonkers to use wind turbines to reduce CO2. The Australian RET Review estimates that the cost of reducing CO2 via wind power is $32 – $72 per ton of CO2 avoided, which means it’s far more expensive than the Direct Action plan, which costs $14 per ton. Peter Lang is concerned the real story is even more costly than that, because it appears the RET Review does not account for the way wind turbines become less effective as they supply a larger portion of our electricity grid. The gas and coal generators get less efficient and they ramp up and down and burn fuel on standby, trying to cope with the fickle supply from the wind. The study of the Irish grid shows that nearly half the CO2 savings of wind turbines disappear as rest of the generators on the grid burn more fuel per unit of electricity. From my reading of Peter’s submission the real cost is more like $80 - $100/ton.
The Australian Parliament is seeking submissions to the ‘Senate Select Committee on Wind Turbines’. It closes Monday. Peter Lang has submitted a 36 page report which [...]