A new study by Trinomics, in collaboration with DTU Wind, shows that strategically earmarking EU funding for wind innovation and industrial scale-up delivers major economic and security benefits for Europe. By 2040, each €1 of public funding for wind generates €7 in annual economic returns, while significantly boosting the EU’s jobs, exports, and energy security. […]
This is totally crappy and unsound economics.
To be fair, the headline is super weird, I read the report and can’t find where they pulled that number from. The report says “wind fund good, with wind fund 2040, without wind fund 2040” stuff but never mentions how big it is.
But also it sounds plausible that a 1m subsidy could make or break 7m project.