Onshore wind is now cheap enough to deliver power to UK consumers without subsidy, according to a report released today by management consultancy Baringa Partners. Commissioned by Scottish Renewables, the report finds the government could deliver 1GW of new onshore wind capacity at no additional cost to consumers above the wholesale cost of power. The findings mean the cost of decarbonising the UK energy system could be cut significantly, saving consumers money on their energy bills in the process. However, realising the promised savings depends on onshore wind being given access to the energy market. It is currently barred from Contract for Difference (CfD) auctions, where developers bid for 15-year price support contracts that give them a guaranteed price for the power they generate.
Business Green 13th April 2017 read more »