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by 7952
766 days ago
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The main reason for subsidy is that the costs are all upfront and electricity prices are unpredictable. That is not a problem that is unique to wind, particularly in the climate change era. Systems like strike prices can be competitively priced and avoid overpayment. Arguably the main problem is that countries take a natural monopoly and then try and treat it like a market. When a well run state company could invest with more certainty. |
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