Free Fuel Forever

"With the world talking about how expensive fuel is, the merits of a technology providing a free fuel supply are indisputable. In the context of rising oil prices, a reappraisal of the economic value of wind energy is overdue. Forward price assumptions of US$20 to US$28 a barrel, as used in the EU’s current energy scenario up to 2030, now appear patently unrealistic. Wind power has zero fuel price risk, zero fuel costs and extremely low operation and maintenance costs. In addition, wind provides total protection from carbon costs, and zero geo-political risk associated with supply and infrastructure constraints or political dependence on other countries. Wind power has no resource constraints; the fuel is free and endless. As oil prices continue to spiral upwards, the era of cheap fossil fuels is coming to an end. The era of free fuel, which is what wind energy delivers, is coming into its own." Corin Millais, CEO, EWEA