Federal subsidies for electricity generation in the United States provide the most support to renewable energy resources like wind and solar power. In 2007, wind power received $23 per megawatt hour in federal subsidies while solar PV received $24 per megawatt hour, both significantly higher than the subsidies provided to coal, natural gas, and nuclear which received between $0.3 to $1.1 per megawatt hour. Conventional energy sources receive more overall funding due to larger production, but renewable technologies receive disproportionately higher subsidies per unit of production.
Federal subsidies for electricity generation in the United States provide the most support to renewable energy resources like wind and solar power. In 2007, wind power received $23 per megawatt hour in federal subsidies while solar PV received $24 per megawatt hour, both significantly higher than the subsidies provided to coal, natural gas, and nuclear which received between $0.3 to $1.1 per megawatt hour. Conventional energy sources receive more overall funding due to larger production, but renewable technologies receive disproportionately higher subsidies per unit of production.
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Federal subsidies for electricity generation in the United States provide the most support to renewable energy resources like wind and solar power. In 2007, wind power received $23 per megawatt hour in federal subsidies while solar PV received $24 per megawatt hour, both significantly higher than the subsidies provided to coal, natural gas, and nuclear which received between $0.3 to $1.1 per megawatt hour. Conventional energy sources receive more overall funding due to larger production, but renewable technologies receive disproportionately higher subsidies per unit of production.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd