RenewableUK rallies for wind energy as cost saver

Wind Industry Profile of

New analysis by RenewableUK shows that wind farms awarded contracts over the last 7 years by the Government to generate clean power will save each household nearly £250 per year, compared to the cost of generating electricity from gas at this winter’s prices.

Coinciding with Wind Energy Week 2022, the analysis shows that the 19 gigawatts (GW) of wind farm capacity which have won Contracts for Difference (CfDs) so far will generate 93 terawatt hours (TWh) by the time all these power stations come online in 2027. This represents 30% of annual UK electricity generation at present and is enough to power nearly 25 million homes a year. Costs have fallen sharply over the past 7 years, with the latest round of offshore wind projects coming in 70% cheaper than those awarded... ... More: Official Press Release RenewableUK

Keywords:

RenewableUK, UK, household, gas, price, customer, renewable energy, offshore, onshore, wind farms, power, electricity