Image:
Offshore wind prices have plummeted as wind farms have expanded in size | Credit: Equinor
Offshore wind power is now so cheap that farms are set to pay money back to consumers from mid-2020s, Imperial College London study predicts
UK offshore wind farms could be the first in the world to pay money back to consumers, following steep declines in the cost of wind power driven by falling technology costs and economies of scale. That...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Choose from 3 paid membership levels or start a 7-day no strings trial
