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Sunday, October 19, 2014

Wind Power Is Cheapest Energy, EU Analysis Finds

There's an interesting article in The Guardian that doesn't seem to be getting much play here in the States. It seems that a study was done on the cheapest way to generate power and guess what wins. Onshore wind farms. Here's a quote from the piece...

"The paper, which was written for the European commission by the Ecofys consultancy, suggests that the Conservative party plan of restricting new onshore windfarms will mean blocking out the cheapest source of energy when environmental and health facts are taken into consideration. It has been suggested the Tory plan could be done through a cap on onshore wind turbines’ output, lower subsidies or tighter planning restrictions."

The report says that for every megawatt hour of electricity generated, onshore wind costs roughly $137, compared to gas and coal which can cost up to around $209 and $297 per megawatt hour. Nuclear power, offshore wind and solar energy are all comparably inexpensive generators, at roughly $160 per megawatt hour.

Now, I guess the political battle will heat up as this could mean that traditional energy industries will be seen as less and less cost effective.

Not that it will make any difference to our Congress.

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