SPRAKEBUELL, Germany — The wind gusting across north German farm country brings much to the village of Sprakebuell: fog and rain from the sea, the occasional migrating stork, the faint smell of manure in the newly fertilized fields.
The whoosh, whoosh, whoosh from the turbines — inaudible in the village center but noisy up close — contribute some 400,000 euros a year in taxes. That paid for a new playground, a bike path and even free piano lessons for Sprakebuell's children.that make it more costly to fund projects, high prices and clogged supply chains for wind turbines and blades, and “not in my backyard” resistance to wind farms.
Nissen and her husband started with an investment of the equivalent of just over 5,000 euros more than 20 years ago. The dividends helped pay for a new calf stall, a front-end loader to shovel out animal feed and two workers. High interest rates hold back renewables far more than fossil fuel projects. Most of the cost for renewables is up-front in the price of buying the wind turbines or solar panels, while costs to operate them going forward are negligible — the wind blows and sun shines for free.
The government has been leery of World Bank credit guarantees that would make the projects bankable, concerned about being required to pay for the power even if the grid can’t deliver it.
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