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Showing Original Post only (View all)Onshore Wind electricity is cheaper than natural gas, nuclear and coal power. [View all]
A study commissioned by the EU shows that onshore wind electricity is cheaper than natural gas, nuclear and coal power. The study takes into account climate change, human health and the like for a more complete total cost of energy production. The study found that the cost per megawatt-hour is about $133 for onshore wind, $235 for offshore wind, $168 for nuclear, $207 for gas, $274 for photovoltaic and between $205 and $295 for coal. European Wind Energy Association's deputy CEO Justin Wilkes says, "Not only does the Commission's report show the alarming cost of coal but it also presents onshore wind as both cheaper and more environmentally-friendly."
EWEA said onshore and offshore wind technologies also have room for significant cost reduction. Coal on the other hand is a fully mature technology and is unlikely to reduce costs any further.
We are heavily subsidising the dirtiest form of electricity generation while proponents use coals supposed affordability as a justification for its continued use, added Wilkes. The irony is that coal is the most expensive form of energy in the European Union. This report shows that we should use the 2030 climate and energy package as a foundation for increasing the use of wind energy in Europe to improve our competitiveness, security and environment.Read more at Domestic Fuel.
http://domesticfuel.com/2014/10/13/offshore-wind-cheaper-than-coal-gas-nuclear/