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I have heared claims, that windfarm developers receive generous governmant grants when building a new windfarm. However: Searching the web, I couldn't find any evidence for this! From what I found out till now:
I have been told, that the production costs stated on RES's website are given as whole life averages and do not include costs of development of new technologies and project development costs which can run into seven figure sums. The value of a ROC is set annually and as with any market value increases with scarcity. Currently ROCs are high value due to the lack of renewable energy going into the system relative to the obligation. This is deliberate as the system is designed to support the costly development and installation of wind energy and other renewable technologies. So the ROC is designed not just to support the construction of a single generation station, but to also provide funds to allow companies to progress the very costly development of generation from wind and other renewable energy technologies. |