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U.S. Wind Turbine Output Drops Steeply After Ten Years, When The Subsidies Expire

A newly-released study from the Lawrence Berkeley National Laboratory (LBNL) drops an enormous bombshell on wind energy in the United States. The study, which was published in the peer-reviewed, scientific journal Joule, examines production decline data from 917 wind facilities throughout the United States, and found that wind turbines become 13 percent less productive by the time they are 17 years old, and that most of the decline in production occurs after year ten, which just so happens to be the time frame when the projects are no longer eligible for federal subsidies. It's All About the Subsidies, Baby! Wind power is entirely dependent upon...

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Wind Subsidies for Xcel Energy’s Minnesota Operations Totaled More Than $49 Million in 2016

According to data found in utility documents filed with the Minnesota Public Utilities Commission, Xcel Energy earned $49.3 million in federal subsidies in 2016 from its wind facilities located throughout Minnesota and North Dakota. It's important to remember that the cost of wind energy in Minnesota is not just reflected in your monthly electric bill, but it also increases the amount of federal taxes you must pay. While $49 million is no doubt a significant chuck of change, it likely represents only a small amount of the federal subsidies doled out to wind producers in Minnesota because most of the wind...

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The Production Tax Credit: Corporate Subsidies & Renewable Energy

Wind energy is a $14 billion industry made up of wind facilities, turbine manufacturers, and financiers. While the industry grew over the past few decades, the American Wind Energy Association (AWEA) and its corporate members pushed for new and continued subsidies that would enable large energy corporations to profit at the expense of taxpayers....

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