Onshore wind least expensive form of power

Onshore wind energy costs less than all other forms of electricity generation, study shows

July 22nd, 2014 8:26 am| by admin

Onshore wind power is the cheapest form of new electricity generation in Denmark, according to a recent study by the Danish Energy Agency (DEA), the government’s energy research body.

An analysis made public on Friday showed that new onshore wind plants due to come online in 2016 will cost just over 30 øre per kilowatt hour (kWh), far less than coal, biomass and other forms of energy production. Offshore wind power, new centralised coal and natural gas power plants – the second cheapest forms of energy – cost almost twice as much at close to 60 øre per kWh.

Rasmus Petersen, the energy minister, said in a statement that the numbers showed that the use of  renewable energy is working.

"Wind power today is cheaper than other forms of energy, not least because of a big commitment and professionalism in the field," he said. "We need a long-term and stable energy policy to ensure that renewable energy, both today and in the future is the obvious choice."

Dong deals
The latest deal by Dong Energy highlighted the growing interest in the offshore wind power market. Dong confirmed last week that it has agreed to sell 50 percent of its 252MW Gode Wind 2 project to a group of German investors. 
The deal is DONG's third sale of an offshore wind farm, following similar deals with two UK investment funds.

In December, it was announced that wind farms provided over half of Denmark’s power needs that month.

When they arranged to meet in the park, she never thought he'd bring his wife (photo: iStock)
As the Ashley Madison fallout continues, are its members being misunderstood?
Most adultery site users probably never thought they would have to explain ...
Photo by iStock
Referendum in the balance
On 21 August, Danish PM Lars Løkke Rasmussen announced a referendum on rep...
Living life on the move (Photo: iStock)
24 hours in the shoes of a refugee child
Though Denmark’s politicians are increasingly in the news for their hardl...
Per Hansen, Michael Mortensen and Peter Rosengreen represented the management team at the award ceremony (photo: CASA)
Property developer CASA crowned Danish Entrepreneur of the Year
On Thursday evening the audit and consultancy firm EY gathered together 800...
Copenhelp to give a helping hand to Denmark's homeless (photo: iStock)
New app to help homeless in Copenhagen
A new app that aims to lend a helping hand to the homeless in Copenhagen ha...
One has to look good in surgery (photo: iStock)
Copenhagen-based heart surgeon avoids prison time for embezzling research funds
Disgraced heart surgeon Peer Grande, 64, has today been handed a 18-month s...