Bloomberg: Wind Power is Too Cheap

It’ll tank utility stocks. But that’s only bad for shareholders:

After years of getting government incentives to install windmills, operators in Europe may have become their own worst enemy, reducing the total price paid for electricity in Germany, Europe’s biggest power market, by as much as 5 billion euros some years, according to a study this week by Poeyry, a Helsinki-based industry consultant.

via The Oil Drum