Australian wind farms undercut fossil fuel power prices

BusinessGreen staff
clock •

Bloomberg New Energy Finance study reveals electricity from new wind farms can be provided at a lower cost than power from new coal or gas power plants

New research from Bloomberg New Energy Finance (BNEF) has this week provided further evidence that renewable energy can increasingly compete on cost with fossil fuels, revealing that unsubsidised wind...

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

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Business as usual is not an option for the British car industry

How the government can maximise benefits for UK communities through the Local Power Plan

More on Wind

Greenpeace issues legal threat to Crown Estate over alleged 'monopoly profiteering'
Wind

Greenpeace issues legal threat to Crown Estate over alleged 'monopoly profiteering'

Campaign group accuses landowner of charging 'hefty fees' for leasing the seabed to offshore wind developers in 2023 auction, leading to upward pressure on household energy bills

Michael Holder
Michael Holder
clock 13 October 2025 • 4 min read
China's Ming Yang outlines plans for £1.5bn Scottish wind turbine factory
Wind

China's Ming Yang outlines plans for £1.5bn Scottish wind turbine factory

Turbine maker behind almost a third of world's new wind capacity in 2024 plans landmark UK facility that would create 1,500 new jobs

Stuart Stone
Stuart Stone
clock 13 October 2025 • 3 min read
'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter
Wind

'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter

New analysis suggests last year's wholesale electricity price could have been up to 33 per cent higher without contribution from wind power generation

Stuart Stone
Stuart Stone
clock 06 October 2025 • 4 min read