Wind power subsidy in the UK

by Dr John Etherington © 2006

 

Summary  Wind power in the
UK receives a largely covert subsidy which currently doubles its value to the generator, and unlike conventional taxation-sourced support is not open to public view or Parliamentary attention. Wind power has a huge environmental impact and saves minimal carbon dioxide (CO2) emission.

 Though there are capital subsidies available for installation of wind power in the
UK, especially offshore, this account is concerned with the most important subsidy: - that on wind electricity, provided by the Renewables Obligation (RO) and other benefits, set in place in 2002. Wind power is our fastest growing renewable electricity generator, though it still represents less than 0.5% of UK electricity supply.

 The crucial importance of the RO may be gauged from the statement by Paul Golby, the chief executive of E-ON UK (former Powergen), who said: "Without the renewable obligation certificates nobody would be building wind farms"  Daily Telegraph (
26/03/2005).

 Renewables Obligation

 The Renewables Obligation as its name suggests places an obligation on electricity suppliers to purchase qualifying renewably generated electricity but it also forces a consumer-sourced 'subsidy' to be paid to the renewable generator. The mechanism of payment results in an increase in electricity price to all consumers, whether or not they subscribe to a 'green tariff'. Few consumers are aware of this fact and neither government nor developers apprise them of it.

 The RO is operated through the mechanism of Renewables Obligation Certificates (ROCs - see Figure 1) and these certificates are a marketable commodity, generating additional income for the renewable generator.

 
The ROC has a buy-out price which was agreed at £30/megawatt hour (MWh) in 2002 and, index-linked, has now reached £32.33/MWh. This provides a 'floor' below which the subsidy on wind and other renewables can never fall.

Climate Change Levy exemption (CCLe)

 In addition to the consumer-sourced RO another small advantage is given to the renewable generator. Non-renewable fuels pay a tax of £4.30/MWh, but renewables are exempt and so, effectively, are given an extra £4.30/MWh for their electricity.

 The net subsidy - about £45/MWh

 From 2002 when the RO system replaced the former NFFO (Non-fossil Fuel Obligation) the price of ROC's steadily increased. Two years ago it reached about £47/MWh (buy-out price of £30 plus £17 market increment) but very recently (2006) the increment has dropped back to c. £10 giving the RO a total value of about £40/MWh.

 Adding to this, the CCLe of £4.30/MWh, we have a total subsidy close to £45/MWh

 Wind electricity price is inflated to £90/MWh

 As of January 2006 the wholesale price of electricity has risen to about £45/MWh (compared with c. £20/MWh a couple of years ago).

 The implication is that the net subsidy, currently about £45/MWh, roughly doubles the value of wind electricity to c. £90/MWh (and prior to 2005-6 price changes, it almost trebled it).

 This is probably the largest per unit subsidy ever paid for any commodity and the wind power industry has gained similar advantage in most other countries through either similar direct subsidy or, as in the
US, through tax-breaks to wind power companies.

 At present, coal-fired generation receives a per MWh subsidy which is less than a 25th of the wind subsidy. Gas-fired generation has never been subsidised and nuclear ceased to be subsidised in 1995-6 and has incidentally repaid with interest the bail-out loan made to it some years ago.

A big wind turbine earns £400,000 p.a. of which half is ‘subsidy’, paid by all consumers

Many wind turbines are of 2.0 MW or greater capacity and about

120 m in height. Because of limitation by wind speed, a 2.0 MW machine produces a quarter or a little more of its rated capacity, i.e. 0.5 MW on average.

 Over one year it generates 0.5 x 24 x 365 = 4,380 MWh, and at the renewables price of £90/MWh, the gross earning is £394, 200 p.a.

 About half of this income is from the consumer-sourced subsidy, without which the machine would be close to bankruptcy.

 Big earnings, big ‘footprint’ but not much electricity or CO2-saving

One might assume that as the wind generators are so substantially rewarded, they produce a lot of electricity but this is not so. At the moment DTI figures show that wind provides less than 0.5% of
UK electricity.

 If the 2.0 MW wind turbines, wind-limited as above, were to replace the output of a large, 2000 MW conventional power station it would require at least 3000 turbines spread over 750 km2 of countryside. Some Footprint‚!

 Incidentally the Replaced‚ power station could not be closed as its electricity is still required to fill the gaps when the wind turbines are not fully generating.

 The main reason given by government for installing wind power is that it will save carbon dioxide (CO2) emission and consequently reduce the rate of Global warming‚

 Government‚s own prediction for CO2 saving by renewable electricity (mainly wind) in 2010 is just 9.2 million tonne CO2
, which is less than four ten-thousandths (0.0004) of global man-made CO2 emission. Some chance, our Windmills‚ have, of altering the weather!

 Government has been told but fails to respond

 In February 2005 the Auditor General* reported that "the level of support provided by the Renewables Obligation is greater than necessary to ensure that most new onshore wind farms... are developed" and that  "The Renewables Obligation is currently at least four times more expensive than the other means of reducing carbon dioxide currently used in the United Kingdom...

Later in 2005, the House of Commons Committee of Public Accounts ** reported that "Requiring users to source supplies from uneconomic providers has the same affect as taxing users to subsidise the providers, but is not as transparent or amenable to parliamentary control" and also that "The cost of the Renewables Obligation is passed on by electricity suppliers to consumers through higher prices. ....By 2010, the cost of the Renewables Obligation, which does not appear on electricity bills and is not explained to consumers, is expected to reach £1 billion per annum (at 2002 prices)."

 For all the impact this has had on the Commons, the Auditor General's Office and the Committee of Public Accounts might as well have saved public money and gone off to the golf course!


* Renewable Energy REPORT BY THE COMPTROLLER AND AUDITOR GENERAL. HC 210 Session 2004-2005 (11 February 2005)

** House of Commons Committee of Public Accounts. Department of Trade and Industry: Renewable Energy. 6th Report of Session 2005-6

 



John Etherington PhD DIC BSc ARCS

 

Dr John Etherington was Reader in Ecology in the University of Wales until his retirement in the early 1990s. He was educated at Imperial College in the 1950s-60s. Much of his research and teaching was in the field of environmental chemistry and physics. He first wrote, en passant, about the impact of human activity on carbon dioxide emission and the possible "greenhouse effect" in a book published in 1975 and re-editioned in 1982.