25 Jun '14, 7pm
Onshore wind cheaper than new imported gas by 2020 if and only if there's policy support
The manifesto outlines the contribution that wind, wave and tidal power can make to security of supply, energy bill stability, UK economic growth and climate change objectives, as well as policy actions needed from Government. In the document, the onshore wind industry pledges to be the cheapest form of new generation by 2020, subject to the right policy framework. A taskforce has been set up by RenewableUK to identify the steps needed to ensure this goal is achieved. It is expected to report by the end of 2014. The manifesto also reaffirms the offshore wind industry's commitment to reaching £100 a megawatt hour for projects reaching financial close in 2020.