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Offshore wind costs plummeting - WWF Scotland comment
Gina Hanrahan, Acting Head of Policy at WWF Scotland responding to the announcement yesterday that renewable capacity is to power more of our homes following second contracts for difference auction [1]
“These results are historic, with offshore wind costs blowing all expectations out of the water and halving in just over two years. We already knew that onshore wind and solar were cheaper than expensive nuclear but these results show that offshore wind is also competitive with new gas. Renewables are working and becoming a central part of our energy mix. It’s great to see the Moray Firth project secure a winning bid, powering close to a million homes and helping to tackle polluting carbon emissions.
“If we’re to see further low cost, carbon cutting offshore wind, the UK Government needs to provide a stable policy environment and a pipeline of future support contracts.”
Notes to Editors
[1] UK Government press release https://www.gov.uk/government/news/new-clean-energy-projects-set-to-power-36-million-homes
