12 Sep '17, 11am

Offshore wind power is cheaper than new nuclear power in the UK

Offshore wind power is cheaper than new nuclear power in the UK

Offshore wind power has pulled ahead of nuclear power in the United Kingdom . Energy from offshore wind farms will be less expensive than power from a new nuclear project for the first time, based on subsidy figures via the Department of Business, Energy, and Industrial Strategy after an auction. Emma Pinchbeck of Renewable UK said the figures were “truly astonishing.” Two firms said they’d construct offshore wind farms for a subsidy of £57.50, around $76, per megawatt-hour for 2022-23, according to the BBC, which noted these figures are around half the subsidy costs in a 2015 auction. Compare £57.50 with the subsidy secured by new nuclear plant Hinkley Point C , which is £92.50, or around $122, per megawatt-hour. Related: Is this $26 billion UK nuclear power plant worth its ludicrous cost? Pinchbeck told the BBC, “We still think nuclear can be part of the mix – but our in...

Full article: http://inhabitat.com/offshore-wind-power-is-cheaper-than-...

Tweets

UK Offshore Wind Now Cheaper Than Gas & Nuclear

cleantechnica.com 12 Sep '17, 2pm

Unsurprisingly, most of the talk is now focused on Hinkley Point — nuclear energy being always considered the most controv...

More info on this huge breakthrough here:

greenpeace.org.uk 11 Sep '17, 6am

This is huge. The price of offshore wind power has just dropped to a record breaking low , coming in cheaper than nuclear ...

Offshore Wind Costs Fall Below New Nuclear Plants in UK

Offshore Wind Costs Fall Below New Nuclear Plan...

renewableenergyworld.com 11 Sep '17, 4pm

The cost of generating electricity from offshore wind farms fell sharply in the U.K. to below the price the next nuclear r...

Offshore wind slashes UK cost reduction goals ... now cheaper than new gas

Offshore wind slashes UK cost reduction goals ....

treehugger.com 12 Sep '17, 11am

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The world's biggest offshore wind farm is being built in the UK

The world's biggest offshore wind farm is being...

inhabitat.com 12 Sep '17, 7pm

“We’re delighted to be awarded a Contract for Difference for Hornsea Project Two, which is another important step towards ...

via @businessgreen

businessgreen.com 11 Sep '17, 6am

Today's results mean offshore wind, onshore wind and solar are now cheaper than new gas and new nuclear projects in the UK...

@UCSUSA

ucsusa.org 14 Sep '17, 1pm

Low UK Offshore Wind Prices Rattle Incumbents: 'People Are Trying to Put Their Jaws Back in Place' | Greentech Media

Low UK Offshore Wind Prices Rattle Incumbents: ...

greentechmedia.com 12 Sep '17, 7pm

U.K. nuclear and gas generators have been put on alert after offshore wind showed it could beat them on price this week. “...

Scotland Breaks Another Wind Power Record

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rechargenews.com 11 Sep '17, 11am

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#wind https://t.co/5oMigdcrWe

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businessgreen.com 11 Sep '17, 2pm

Finally, those opponents of renewables who present the fact that the wind does not always blow as the kind of mind-blowing...