Seeking Alpha

bzh1111 » Comments » PBW

  • Alternative Energy for Investors: High Volatility, Great Promise  [View article]
    Alternative Energy and Subsidies / Most of the subsidies do not fall into the companies's pockets but help new technologies to emerge and deal with the peak oil. It is absolutely wrong to say that without subsidies Alternative Energy is not profitable. As an example, Wind Power (onshore) is now less expensive than conventional electricity (EUR60/MWh vs EUR70/Mwh in Europe). In the US the PTC provides 1.5c/kWh credit for Wind, Solar Geothermal and closed loop bionergy facilities) but the US market is miles away from countries like Germany in terms of "Green Electricity" generation. Summary: Subsidies are good and help driving the market, companies are profitable...look at the numbers and do not listen your buddy at the bar.
    Jul 07 04:23 am |Rating: 0 0 |Link to Comment
More on PBW by bzh1111
Comments by Ticker
bzh1111's
Comments Stats
17 comments
Rating: 3 (3 - 0 )