(03-01-2019, 01:39 PM)EricL Wrote: There are huge Federal tax breaks for construction of wind farms and for the power they produce. They aren't being built solely because they are profitable on their own standing.
There are indeed tax breaks. Even unsubsidized, the cost of wind, and several PV solar applications, is cheaper than the cost for nuclear, coal and natural gas generation over the anticipated life-cycle of the generating asset (i.e., they are a profitable business opportunity even without the tax breaks, which investors surely take into account as a potential regulatory risk when building out the projects):
![[Image: eLPpY7C.png]](https://i.imgur.com/eLPpY7C.png)
https://www.lazard.com/media/450337/laza...on-110.pdf
Edited to add:
This is the slide that really illustrates my point as to the cost of generation trend that appears to continue apace (although the downward cost curve is flattening). I wish some of my DGI holdings were this effective at cutting costs:
![[Image: HqShdai.png]](https://i.imgur.com/HqShdai.png)