Wind energy has been promoted as a clean source of energy that will help reduce hydrocarbon consumption and the production of greenhouse gases.
Over the past decade, wind energy has become a focal point in the new energy economy.
Government tax breaks and state renewable power mandates support wind generation with a goal of reducing CO2 and other air emissions. However, actual EPA emissions data indicates that in the Pacific Northwest, CAISO and ERCOT, wind energy saves very little CO2 and has only minimal impact on other air emissions.
Platts' Market Alert, The Wind Power Paradox, is the first to systematically assess the emission reduction performance of wind generation based on hourly generation and emissions data. This Market Alert presents findings that show previous claims to be significantly overstated and that actual CO2 reductions are either so small as to be insignificant or too expensive to be practical.