Two Stories On Wind And Wind Subsidies In Scotland

First, from BBC News:

Councils in Scotland have received more than 2,500 wind farm applications in the past 18 months.

The party's figures indicate the local authorities facing the greatest workload in dealing with the proposals are Aberdeenshire, Highland and Orkney.

The Conservatives said wind farms have become a "gravy train."
The Scottish government said it has given councils additional funding to deal with the applications.

The 2,508 applications represented, according to the Conservatives, seven every working day.

Now, why would energy companies be submitting, on average, seven wind applications for a wind farm every working day, you might ask?

The answer, from The Telegraph:

An analysis of the industry’s figures shows that Britain’s largest energy firms received almost $1.4 billion last year through a consumer subsidy added to household bills.

The subsidy is worth $320 million more than the income from the electricity actually produced by Britain’s on and offshore wind farms. In total, the big six received more than $2.4 billion in revenues last year from wind farms they own.

I don't have a dog in this fight. It's just fascinating to watch. And a great opportunity for investors.