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3/17/09

EurActiv.com - Wind energy sector buoyant despite downturn

For the complete report from EurActiv.com clickon this link

With a smaller dependence on bank loans than other industries, the wind energy sector believes it will be among the first to emerge from the recession, the European Wind Energy Association (EWEA) said at the opening of its annual conference yesterday (16 March).

Wind energy sector buoyant despite downturn". According to the report, a larger share for wind in producing energy is justified in most European countries, simply because it reduces the risk of fuel price volatility. It argues that current methods of calculating the cost of energy "blatantly favour the use of high-risk options for power generation," calling on governments to correct these market failures.

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