‘Cheap’ offshore wind power claims are false, data shows
Date: 19/02/21
Press Release, Global Warming Policy Foundation
Ministers and the media ‘must stop deceiving the public’
A new paper from the Global Warming Policy Foundation shows that the cost of offshore wind power is high and barely falling. GWPF is calling for ministers and officials to come clean with the public.
Since 2017, renewables advocates have argued that offshore wind power is now very cheap. However, closer examination of their claims reveals a different story.
As the report’s author Andrew Montford explains:
“In fact, if you read the small print, renewables advocates are only saying that windfarms coming on stream after 2018 will be cheap. But we now know this is not true. Windfarm developers announce their budgets before they start work, so we can see that almost all the forthcoming developments are just as expensive as anything built in the last few years [2]. Even if these new windfarms perform much better than the older ones, they are only going to give us slightly cheaper power.â€
https://www.thegwpf.com/cheap-offshore-wind-power-claims-are-false-data-shows/
