Onshore wind to reach grid parity by 2016

BusinessGreen staff
clock

Analysts say perception of wind power as 'expensive and intermittent' is out of date as equipment costs fall and output soars

Electricity produced by onshore wind farms will cost the same as that from fossil fuel plants by 2016, as efficiency increases and equipment costs plummet. Research published last week by Bloomberg...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Could AI help protect seabirds from offshore wind farms?

Could AI help protect seabirds from offshore wind farms?

Study reveals how new AI-enabled camera technology is enabling a better understanding of how seabirds avoid offshore wind turbines

James Murray
clock 28 April 2025 • 2 min read
'Clear signal of intent': Government pulls forward £300m in offshore wind supply chain funding

'Clear signal of intent': Government pulls forward £300m in offshore wind supply chain funding

Prime Minister confirms initial £300m of GB Energy investment ahead of summer Spending Review, as UK seeks to attract international offshore wind investors

Stuart Stone
clock 24 April 2025 • 5 min read
'New installation records': The global wind energy boom in eight charts

'New installation records': The global wind energy boom in eight charts

The Global Wind Energy Council's graphics tells the story of an industry pushing into new regions and reshaping the global energy system

clock 23 April 2025 • 3 min read