11 Sep '17, 6am

More info on this huge breakthrough here:

This is huge. The price of offshore wind power has just dropped to a record breaking low , coming in cheaper than nuclear power for the first time. New auction results out today show that the price of new offshore wind has fallen by more 50% since 2015, and it’s now significantly cheaper than nuclear. It’s very likely that offshore wind power will keep getting cheaper too. But while this good news is splashed all over the media, the government’s energy policy still hasn’t quite caught up. Even though the government says it supports offshore wind, right now, the Prime Minister still plans to commit billions of pounds of bill payers’ money to nuclear, and she still backs a big roll out of fracked gas. We must urgently remind Theresa May that she should listen to the evidence about proven, lower-cost renewables, and respect what the public wants . That means backing clean, su...

Full article: https://www.greenpeace.org.uk/offshore-wind-price/

Tweets

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via @businessgreen

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