Research indicates that land-based wind power stations could be profitable sooner than thought, writes the newspaper Turun Sanomat. According to a survey carried out by the Aalto University, wind power stations could be showing a profit in about five years' time.
If the survey prediction proves to be correct, state energy subsidies for new power stations could be reduced from next year onwards and be unnecessary by the year 2015. This would cut state expenditure by hundreds of millions of euros.
Maritime wind farms would be not affected, according to researcher Jani Laine at the faculty of Energy Technology at Aalto University. State aid for such plants couldn't be phased out before 2020 at the earliest.
Legislation on renewable energy is currently being discussed by parliamentary committees. The state has agreed to finance energy subsidies for wind power plants for no more than 12 years.
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