THE WIND POWER INDUSTRY IN THE UK COLLAPSING FROM THE WEIGHT OF SUBSIDIES AS ITS BRAINCHILD OF COMPETING WITH THE NATURAL EARTH RESOURCE JUST CAN’T BE OVERCOMED IN 2015 AS THE PRICE OF OIL FROM THE NEW FOUND USA RESEARCH AND EXPLORATION HAS MADE THIS ENERGY SPECULATION BLOWN TO THE WIND AND WITHOUT SUBSIDIES MEANS HIGHER COST TO YOU THE CONSUMER–THE FAILURE OF LIBERAL ENVIRONMENTAL POLICIES AGENDA IS REVEALED NOT TO BRING DOWN ENERGY COST BUT TO DRIVE IT SKY HIGH

Government plans to curtail onshore wind farm subsidies will raise energy bills, “massively damage” investor confidence and could see hundreds of millions of pounds of investments written off, energy giant ScottishPower has claimed.

Keith Anderson, its chief corporate officer, launched the outspoken attack after the Telegraph revealed that Amber Rudd, the energy secretary, was considering shutting the ‘Renewables Obligation’ (RO) subsidy scheme early.

The plans, expected to be unveiled within days, are designed to implement the Conservatives’ manifesto pledge to end any new public subsidy for onshore wind farms.
The wind industry on Sunday stepped up last-ditch lobbying to try to save the subsidies, insisting onshore wind was the cheapest green energy option and popular with the public.
Under current policy, any big onshore wind turbines built by March 2017 would automatically receive subsidies under the RO.

When the RO shuts, the only subsidies for onshore wind will be through new contracts that are less generous and are strictly rationed by ministers who will decide how much cash – if any – is available.
Mr Anderson said the plans for early RO closure were of “huge concern” and he was also worried DECC would “kill the budget” for the new contracts. “Then you have got a whole lot of people writing off literally millions of pounds of investment,” he said.

http://www.telegraph.co.uk/finance/newsbysector/energy/11642302/Wind-industry-makes-last-ditch-effort-to-save-subsidies.html