I have written here before of the lunacy surrounding the UK Government's Green policy. The policy that pretends that it is 'green' to allow almost unfettered building of onshore and offshore wind farms, even though they will never make any meaningful contribution to the UK's energy needs and, critically, always require fossil fuel or nuclear back-up to supplement those times when the wind doesn't blow or blows too much.
The Sunday Telegraph has reported the following:
Company and Country Projected Annual
subsidy in £million
Vattenfall from Sweden £139.9 million
Dong from Denmark £110.5 million
Scottish Power (Spanish owned) £ 97.7 million
Statkraft from Norway £ 85.3 million
RWE from Germany £ 74.3 million
E.ON from Germany £ 67.6 million
Centrica from UK £ 56.7 million
SSE from UK £ 54.3 million
Fred Olsen from Norway £ 35.7 million
Falck £ 31.8 million
Total for these 10 £753.8 million
The next 5 wind farmers share in a subsidy of £96 million, and so the Top 15 owners receive an annual subsidy of £850 million. Yes, £850 million a year, every year!
This subsidy is funded by all energy users through monthly gas and electricity bills. That is, part of the reason we are seeing almost ever higher utility bills, is not because of the wholesale price of oil or natural gas but because this silent green tax is being collected by our energy suppliers and then handed over to the above companies.
The above subsidy does not take account that to reach the government's target of renewable participation in the energy mix, the volume of wind turbines will need to be a further 3-4 times those already installed.
Don't blame the companies - give them a guaranteed source of revenue and, like any commercial organisation, they will run the numbers and see that it not only makes sense to build these wind farms, it makes VERY good sense.
Oh, and the subsidy on offshore wind farms is double that which is on onshore wind farms.
Please feel free to comment but whatever you do, get onto your MP. This stealth tax will choke us and our children more surely than any CO2 emissions.
The Sunday Telegraph has reported the following:
Company and Country Projected Annual
subsidy in £million
Vattenfall from Sweden £139.9 million
Dong from Denmark £110.5 million
Scottish Power (Spanish owned) £ 97.7 million
Statkraft from Norway £ 85.3 million
RWE from Germany £ 74.3 million
E.ON from Germany £ 67.6 million
Centrica from UK £ 56.7 million
SSE from UK £ 54.3 million
Fred Olsen from Norway £ 35.7 million
Falck £ 31.8 million
Total for these 10 £753.8 million
The next 5 wind farmers share in a subsidy of £96 million, and so the Top 15 owners receive an annual subsidy of £850 million. Yes, £850 million a year, every year!
This subsidy is funded by all energy users through monthly gas and electricity bills. That is, part of the reason we are seeing almost ever higher utility bills, is not because of the wholesale price of oil or natural gas but because this silent green tax is being collected by our energy suppliers and then handed over to the above companies.
The above subsidy does not take account that to reach the government's target of renewable participation in the energy mix, the volume of wind turbines will need to be a further 3-4 times those already installed.
Don't blame the companies - give them a guaranteed source of revenue and, like any commercial organisation, they will run the numbers and see that it not only makes sense to build these wind farms, it makes VERY good sense.
Oh, and the subsidy on offshore wind farms is double that which is on onshore wind farms.
Please feel free to comment but whatever you do, get onto your MP. This stealth tax will choke us and our children more surely than any CO2 emissions.
