Wind farms to get paid for electricity they do not supply

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Latest renewable energy supports will cut risks for generators to encourage lower prices

According to industry body Wind Energy Ireland , this happens most often when there is more wind-generated electricity available than the national grid can manage.

Wind farms will be compensated at the “strike price” – which takes into account fuel and running costs – that applies at the time that their electricity supplies are limited. WEI has argued for this measure in the past. It maintains that wind farm operators add the potential cost of curtailed supplies to their prices when they bid for supply contracts through the RESS system, driving up the eventual cost of electricity.

“That was the highest of any auction in Europe,” its spokesman said, adding that this was because wind farm operators priced in likely curtailment losses and other risks when they bid.

 

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It's a racket.

The Great Carbon Tax Swindle

Money laundering

The taxpayer will pay to have wind turbines sitting idle. No wonder the usual subsidy farmers are circling.

Consumers to subsidize wind farms for doing nothing in the hope they will get some of their money back through cheaper electricity. The government should just lower tax on consumers giving them more money to pay bills. It's the same thing only better and greener.

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