Revitalizes Rural Economies: Wind energy can diversify the economies of rural communities, adding to the tax base and providing new types of income. Wind turbines can add a new source of property taxes in rural areas that otherwise have a hard time attracting new industry. Fewer subsidies: All energy systems are subsidized, and wind is no exception. However, wind receives considerably less than other forms of energy. According to Renewable Energy World magazine, conventional energy receives US$300 billion in subsidies per year, while renewable energy has received less than US$20 billion of tax-payers money in the last 30 years.
Free Fuel: Unlike other forms of electrical generation where fuel is shipped to a processing plant, wind energy generates electricity at the source of fuel. Wind is a native fuel that does not need to be mined or transported, taking two expensive aspects out of long-term energy costs.
Price Stability: The price of electricity from fossil fuels and nuclear power can fluctuate greatly due to highly variable mining and transportation costs. Wind can help buffer these costs because the price of fuel is fixed and free.
Promotes Cost-Effective Energy Production: The cost of wind-generated electricity has fallen from nearly 40¢ per kWh in the early 1980s to 4 - 10¢ per kWh today depending on wind speed and project size.
Creates Jobs: Wind energy projects create new short and long term jobs. Related employment ranges from meteorologists and surveyors to structural engineers, assembly workers, lawyers, bankers, and technicians. Wind energy creates 30% more jobs than a coal plant and 66% more than a nuclear power plant per unit of energy generated. |