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The News That Matters about the Nuclear Industry

Wind power is now cheaper than nuclear

– the energy revolution is happening, Guardian, John Sauven, 27 Sept 17  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 “…….. 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. And in any case, this is less of an issue at sea where the winds are more constant……on the cusp of a quiet revolution. From being the most expensive form of renewable energy, offshore wind was fast becoming the cheapest form of large-scale, low-carbon generation bar none. ……..

This month’s contracts for the next round of offshore wind farms to be built in the North Sea should have the champagne corks popping in No 10. They mean billions more in foreign investment coming into the UK. They will be playing a major role in regenerating regions in the north-east of the country. And they will create a thriving export market in contracts for offshore wind developments. But we at Greenpeace are not sure the government has noticed the full potential that their policies have created.

To bring it to their attention, some of the world’s biggest players, including Vattenfall and General Electric, have come together alongside environmental organisations including WWF and the Marine Conservation Society. A campaign is being launched today at Westminster with the help of creative agency Mother, which is working pro bono. They explained to us that when you’re selling the future of energy generation at 50% off, all you really need to do is get this fact in front of your customers. MPs using Westminster tube station will find it hard to miss.

The UK needs affordable and secure energy. We have to replace our obsolete power stations and meet growing demand from the electric vehicle revolution. Offshore wind, alongside a smart energy system including storage and interconnectors, should be the backbone of how the UK generates its power in future. Short term, as part of the transition, gas back up might be required (but only when needed, unless it’s green like biogas). Such a system could help us meet our climate change commitments and speed up the move to a low-carbon economy. It could provide jobs and regional regeneration as well as provide export markets. It could be the cheapest form of large-scale power available. It’s shown to be wildly popular in all opinion surveys. We urge the government to come clean on this issue and publicly admit that they got this right! https://www.theguardian.com/commentisfree/2017/sep/26/offshore-wind-power-energy-price-climate-change

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September 29, 2017 - Posted by | renewable, UK

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