The secret is out: wind power costs plenty

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This past weekend’s stats are not kind to the wind power cheerleaders

The wind power trade association, the Canadian Wind Energy Association or CanWEA, uses every opportunity to push for more wind power development, and often uses “selective facts” to promote their claims. One of the latest relied on investment firm Lazard by stating: “A December 2016 report from the U.S. investment firm Lazard found that wind energy is the lowest cost option for new supply in the United States without any subsidies. Wind energy costs continue to fall, offering an attractive electricity source to provinces seeking to clean and diversify their electricity systems.”

Parker Gallant Energy Perspectives

This past weekend’s stats are not kind to the wind power cheerleaders

The wind power trade association, the Canadian Wind Energy Association or CanWEA, uses every opportunity to push for more wind power development, and often uses “selective facts” to promote their claims.   One of the latest relied on investment firm Lazard by stating:  “A December 2016 report from the U.S. investment firm Lazard found that wind energy is the lowest cost option for new supply in the United States without any subsidies. Wind energy costs continue to fall, offering an attractive electricity source to provinces seeking to clean and diversify their electricity systems.”

That statement is included in CanWEA’s recently released brochure “The Secret is Out, Wind is in”.

Had the unknown author(s) at CanWEA simply looked at the Ontario Energy Board’s (OEB) semi-annual Regulated Price Plan they would have noted Table 2 on page 21 of the…

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