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View from Inside November/December 2007 |
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Tuesday, 06 November 2007 |
Wind Power Reduces Electricity Prices
 Financial support for wind power, which is in many regions still necessary, is often the subject of disputes between the renewables branch and consumer associations. Now, new studies show that wind energy is actually reducing electricity prices and thus helps consumers to get cheaper electricity.
By Stefan Hantsch, CEO of the Austrian Wind Energy Association ‘IG Windkraft'
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As with many of the new technologies to be found in Latin America, wind energy has arrived after being developed in other world regions. However, the Latin American socio-political situation and environmental trends around the world are creating a need to tap into this huge renewable energy source.