Historically, wind farms have come under fire from their critics for being too inefficient and expensive to be cost-effective. However, rapid developments in the technology have resulted in plummeting costs, and the chief of a leading energy company now believes that it is nuclear, and not wind, which won’t be able to compete going forward. Hans Bunting, the chief of renewables at Innogy SE, pointed to the wind farm his company are developing off the coast of Lincolnshire, which has secured a government subsidy allowing it to offer energy at £74.75/MWh – that’s significantly lower than the £92.50 secured for the controversial Hinkley Point C nuclear plant.
Environmental Technology 1st Jan 2018 read more »
Christopher Booker: No, wind power is not our cheapest form of energy. A weird propaganda blitz, widely publicised again last week, is trying to persuade us that the cost of power from wind farms has been “tumbling” so fast that wind has now replaced coal as our “cheapest” source of electricity. This began in October when Greenpeace and various wind companies plastered Westminster Underground station, the one most used by MPs, with posters claiming that the cost of offshore wind had halved in the past five years. This was so laughably untrue that the Global Warming Policy Forum (GWPF) complained to the Advertising Standards Authority (ASA) that the claim was based only on figures that include “tentative future wind projects” that might not even be built. Last week, the ASA emailed the GWPF to say that Greenpeace has now agreed not to repeat its claim; which means that the ASA does not now have to issue a formal ruling that this boast was bogus. In fact, official figures show that, far from falling, the price we all pay for offshore wind electricity can be up to £161 per megawatt hour, three-and-a-half times the current wholesale market rate. In the next four years, our offshore subsidy bill is due to more than double, from £1.4 billion a year to £3.1 billion.
Telegraph 30th Dec 2017 read more »