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Analysis of the value creation potential of wind energy policies. Ernst & Young Study

09/20/2012

This study compares two energy technologies, Combined Cycle Gas Turbine (CCGT) and wind energy generation, by taking into account their direct costs (micro-economic analysis) as well as their impacts on the economy (macroeconomic analysis).

This study compares two energy technologies, Combined Cycle Gas Turbine (CCGT) and wind energy generation, by taking into account their direct costs (micro-economic analysis) as well as their impacts on the economy (macroeconomic analysis).

The results of the study show that despite a higher up-front cost in €/MWh, wind technology triggers higher returns for the domestic economy by generating local added value and job creation.

See Ernst & Young Study

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