In the UK, the wind energy industry is celebrating. Last month, the cost of renewable energy dropped dramatically to undercut by almost half the government’s projections for 2025. At £57.50 per megawatt-hour (MWh), it is far cheaper than the state-backed price of £92.50 awarded in 2016 to Hinkley nuclear power station. The speed of wind’s progress is extreme and inarguable. Emma Pinchbeck, executive director of RenewableUK, and a former climate change activist, can’t keep the happiness from her voice. But she is happy for new reasons. What’s really exciting, she says, is the fact that she “is not having to talk to officials about decarbonisation any more as a starting point. Windfarms are low carbon. But that’s not why we want to build them. We want to build them because they’re bloody cheap!”
Guardian 15th Oct 2017 read more »
The disruptive power of renewables: After years of hope and promise, renewables are beginning to establish a presence in the energy market free of the requirement for heavy subsidies.
FT 16th Oct 2017 read more »