And apparently now, neither do they.
According to the latest Wind Turbine Price Index, produced by Bloomberg New Energy Finance, world prices for new wind turbines are down by 15 per cent on their 2008 peak amid a sharp slump in European and global demand. William Young, manager of Bloomberg’s Wind Insight Service, says: “Expectations for turbine prices have never been so low, and the current market oversupply will continue for quite a while longer.”
But it is in Denmark, the great windfarm pioneer, where some of the most interesting changes are taking shape. In 1980, the Danish government was Europe’s first to bring in large-scale subsidies – on which, just as in Britain, the wind industry depends.
The results have been dramatic. According to the Danish Wind Energy Association, there are more than four thousand onshore turbines – two-thirds more than Britain – in a country a fifth the size. Nowhere else has more turbines per head, and Denmark is also a global centre of wind turbine manufacturing – with Vestas, the world’s leading turbine firm, based in the country.
Unfortunately, Danish electricity bills have been almost as dramatically affected as the Danish landscape. Thanks in part to the windfarm subsidies, Danes pay some of Europe’s highest energy tariffs – on average, more than twice those in Britain. Under public pressure, Denmark’s ruling Left Party is curbing the handouts to the wind industry.
If only there were some sort of technology that could carry information from Europe to our own provincial Energy Minister.