Submission + - Wind Power Economics costs aren't declining (ref.org.uk) 1
Gordon Hughes, a former Professor of Economics at the University of Edinburgh, and senior adviser on energy and environmental policy at the World Bank published Wind Power Economics, Rhetoric and Reality for the Renewable Energy Foundation https://www.ref.org.uk/publica.... This shines a light on the fundamental economics of these projects and the results sit in stark contrast to the conventionally accepted wisdom. The data has been pulled from publicly available sources where wind power companies must publish their results to participate in the UK Government's rebates program.
The summary is that Wind farm costs are increasing and that companies appear to be significantly underbidding on contracts, hoping that they can renegotiate subsidies. This process has already begun with companies claiming price increases due to scarcity and inflation even though their returns are indexed to inflation and it was clear that turbine manufacturers can't continue to manufacture at a loss.
I'm hoping that this isn't true however I'm struggling to refute this analysis, sources such as Lazard focus on LCoE cost not the overall economics of the project.
I was hoping that Slashdot might be able to provide some form of rebuttal