NewEnergyNews: UK Wind Price Now Beats Nuclear

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    Friday, September 29, 2017

    UK Wind Price Now Beats Nuclear

    Wind power is now cheaper than nuclear – the energy revolution is happening; Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in terms of climate change and UK jobs will be enormous

    John Sauven, 26 September 2017 (UK Guardian)

    “…[Global offshore wind leader Dong Energy of Denmark] was involved in fossil fuel exploration and production. But in less than a decade it has become an 85% offshore wind company, and is divesting its coal, oil and gas interests. By 2023, Dong Energy will be very close to zero carbon…[Thanks to support from the UK government,] the price of offshore wind energy has dropped by half in less than two years. By the 2020s, it will be as cheap or cheaper than any other form of power generation. It’s just become much cheaper than nuclear, even taking into account the additional costs associated with the wind’s intermittency…[which] is less of an issue at sea where the winds are more constant…[History will see] 2016, 2017, 2018, as the inflection point…[when something happened for wind and solar energy] that completely changed the dynamic…Amid the gale of bad news that has blown through 2017, this was a good news story that needed shouting about from the rooftops…” click here for more

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