[downandout]

I don’t speak Danish, and the Google translation isn’t that great, but when I said credible, a random Danish blog wasn’t really what I was referring to. I was talking about something in a major publication.

Economically competitive wind power would be an earth shattering development. If it exists, there would be articles about it everywhere. Everyone on HN would be getting jobs at wind farm startups, and trillions of investment would be pouring in. Venture capitalists would be walking the streets to find wind farm entrepreneurs that have hidden their contact info because of the overwhelming number of term sheets being thrown at them. Bakeries throughout the Valley would be offering turbine-shaped gluten-free cupcakes to VC’s, who would include them with their hand-delivered term sheets in hopes that theirs gets a little bit of extra attention from picky entrepreneurs.

I want it to exist too, I just see no evidence that it does.

[jmiserez]

Does it really need to be profitable on it’s own though?

Renewable energy has a lot less external costs, i.e. negative effects such as global warming, pollution, etc. On a national or global scale, these costs should be accounted for in any study comparing economical competitiveness. Just looking at the balance sheets of energy companies and their costs vs. income is a bit short-sighted.

[JumpCrisscross]

> Does it really need to be profitable on it’s own though?

If it’s unprofitable it needs to be subsidised. That’s not bad per se. But you can’t run around arguing it’s profitable when it doesn’t appear to be.

[analyzethis]

Read the link. It contains more than enough hard info for anyone with a real interest in the subject to look up a few things and become a whole lot wiser. Also, he's not a total rando; he is a wind power pioneer and was the CTO of Siemens Wind Power until 2014. Look him up at Wikipedia - there's an article in English.

[mgoetzke]

https://natgrp.files.wordpress.com/2013/07/india-renewables-...

"We therefore note that wind is now cost competitive with new coal-based generation capacity."

[JumpCrisscross]

Your article [1] mentions lots of subsidies:

“Over the past 12 months, across key wind states, except Karnataka, the wind tariff has been raised

...

Generation Based Incentive (GBI) restored: In its FY2014 (April 2013-March 2014) budget the GoI reintroduced GBI for wind power.

...

During the past 12 months, we have seen various states announcing their wind and/or solar installation targets (refer to table 3).

...

The GoI has committed to providing low interest- bearing funds from the National Clean Energy Fund (NCEF) for five years to the Indian Renewable Energy Development Agency (IREDA), the nodal agency providing debt finance to renewable projects in India.“

[1] https://natgrp.files.wordpress.com/2013/07/india-renewables-...