Monday, 14 March 2011

Wind power reduces price of electricity

Summaries - Australian Financial Review
7 March 2011, Page: 51

The hidden costs of nuclear power are often overlooked, and they include the high cost of waste disposal, liabilities and insurance costs, costs which in international experience have been borne by taxpayers. Wind power, on the other hand, is cheap to set up and maintain, and as recently witnessed in South Australia, can supplement the grid at times of peak demand. The Australian Energy Market Operator reported last year that wind power in South Australia generates 'enough reserve power into the grid to safeguard Adelaide's supply.' (Andrew Richards is the executive manager of Government and Corporate Affairs for Pacific Hydro.)