Offshore Wind Already Cheaper Than Gas-fired and Nuclear
Analysing public data on offshore wind in Denmark, energy consultant Mike Parr concludes that existing offshore wind is already cheaper than gas-fired power plants. Future offshore wind farms will be cheaper still – and up to 60% less expensive than the proposed nuclear power plant at Hinkley Point C in the UK. This means, writes Parr, that government support for offshore wind can be quickly and substantially reduced.
[energypost.eu] – The myth of expensive offshore wind: it’s already cheaper than gas-fired and nuclear