Monday, November 21, 2011

and then the inevitable divorce due to 'irreconcilable differences': Dutch fall out of love with windmills
When the Netherlands built its first sea-based wind turbines in 2006, they were seen as symbols of a greener future.

...But five years later the green future looks a long way off. Faced with the need to cut its budget deficit, the Dutch government says offshore wind power is too expensive and that it cannot afford to subsidize the entire cost of 18 cents per kilowatt hour -- some 4.5 billion euros last year.

The government now plans to transfer the financial burden to households and industrial consumers in order to secure the funds for wind power and try to attract private sector investment.