PowerSwitch Main Page
PowerSwitch
The UK's Peak Oil Discussion Forum & Community
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Offshore wind cheaper than nukes as auction smashes expcttns

 
Post new topic   Reply to topic    PowerSwitch Forum Index -> Wind Power
View previous topic :: View next topic  
Author Message
Pepperman



Joined: 10 Oct 2010
Posts: 758

PostPosted: Mon Sep 11, 2017 10:08 am    Post subject: Offshore wind cheaper than nukes as auction smashes expcttns Reply with quote

Astonishing cost reductions:

https://www.businessgreen.com/bg/news/3017017/price-of-offshore-wind-comes-crashing-down-in-latest-auction-results
Back to top
View user's profile Send private message
adam2
Site Admin


Joined: 02 Jul 2007
Posts: 6059
Location: North Somerset

PostPosted: Mon Sep 11, 2017 12:27 pm    Post subject: Reply with quote

Splendid news.
Wind power is getting cheaper due to greater familiarity with the technology and the benefits of mass production.

Nuclear OTOH is getting more expensive as it has never become widespread enough to become familiar, and each generation of new nukes is different and more costly and more complicated than before.

Wind is not the complete answer to our energy needs, but could play a larger part.
Wind generated electricity may one day become cheap enough to displace natural gas for heating, at times even if not full time.
_________________
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
Back to top
View user's profile Send private message
kenneal - lagger
Site Admin


Joined: 20 Sep 2006
Posts: 9675
Location: Newbury, Berkshire

PostPosted: Mon Sep 11, 2017 12:54 pm    Post subject: Reply with quote

I'm off for a visit to the Rampion Wind Farm off Brighton on Thursday. The boat trip out to sea might be cancelled though as the weather in the Channel this week doesn't look too hot! Shame.
_________________
BLOG

"When the last tree is cut down, and the last river has been poisoned, and the last fish has been caught, Only then will you find out that you cannot eat money". --The Cree Indians
Back to top
View user's profile Send private message Send e-mail Visit poster's website
emordnilap



Joined: 05 Sep 2007
Posts: 13818
Location: way out west

PostPosted: Tue Sep 12, 2017 10:29 am    Post subject: Reply with quote

I seem to recall Dale Vince once claimed (someone correct me if I'm wrong) that turbines recouped their costs within six months of commissioning.

Even if that's miles out, there must be some established and well-constructed turbine fields that are virtually money for nothing.
_________________
The human appears to have no idea what its ideal diet should be; has self-inflicted diet-related diseases; causes extensive environmental destruction through basic food production & creates pathogenic infestations that widely infect its food supply.
Back to top
View user's profile Send private message
adam2
Site Admin


Joined: 02 Jul 2007
Posts: 6059
Location: North Somerset

PostPosted: Tue Sep 12, 2017 10:49 am    Post subject: Reply with quote

emordnilap wrote:
I seem to recall Dale Vince once claimed (someone correct me if I'm wrong) that turbines recouped their costs within six months of commissioning.

Even if that's miles out, there must be some established and well-constructed turbine fields that are virtually money for nothing.


I do not think that financial payback is as quick as that, if it was there would be a lot more wind turbines.
I have however heard (but can not substantiate) that modern wind turbines DO achieve energy payback in about 6 months. That is that the electricity produced after about 6 months pays back the energy used in building the machinery.
Whilst it is often said that energy equals money, this is only an approximation and energy payback may be quicker than financial payback.
_________________
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
Back to top
View user's profile Send private message
johnhemming2



Joined: 30 Jun 2015
Posts: 1902

PostPosted: Tue Sep 12, 2017 11:04 am    Post subject: Reply with quote

There have been subsidies for wind. The story is that the subsidies are coming down. Until they go down to zero you won't see a that many more. Both PV and Wind are becoming more efficient.
Back to top
View user's profile Send private message
clv101
Site Admin


Joined: 24 Nov 2005
Posts: 7550

PostPosted: Tue Sep 12, 2017 8:29 pm    Post subject: Reply with quote

johnhemming2 wrote:
There have been subsidies for wind. The story is that the subsidies are coming down. Until they go down to zero you won't see a that many more. Both PV and Wind are becoming more efficient.


There are subsidies for pretty much everything though. The 'problem' is that renewable energy subsidies are put onto energy bills in a sadly regressive and unpopular move.
_________________
PowerSwitch on Facebook | The Oil Drum | Twitter | Blog
Back to top
View user's profile Send private message Visit poster's website
kenneal - lagger
Site Admin


Joined: 20 Sep 2006
Posts: 9675
Location: Newbury, Berkshire

PostPosted: Wed Sep 13, 2017 11:31 am    Post subject: Reply with quote

There was a report recently that said that subsidies to fossil fuels worldwide were in the region of $36 trillion.

The fossil fuel industry in this country is subsidized by tax breaks on North Sea production and on onshore exploration. It will be interesting to see what subsidies the government give to their friends in the fracking industry to make production profitable in this country. In the US fracking is a massive Ponzi scheme that hasn't made a profit to date.
_________________
BLOG

"When the last tree is cut down, and the last river has been poisoned, and the last fish has been caught, Only then will you find out that you cannot eat money". --The Cree Indians
Back to top
View user's profile Send private message Send e-mail Visit poster's website
RenewableCandy



Joined: 12 Sep 2007
Posts: 12426
Location: York

PostPosted: Sun Sep 17, 2017 5:04 pm    Post subject: Reply with quote

I find it interesting that none of the fracking firms are entities we've ever heard of before, or who indeed seem to do anythig else (e.g. infrastructure, other forms of energy).

To me, that smacks of fly-by-night-ness.
_________________
Soyez réaliste. Demandez l'impossible.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    PowerSwitch Forum Index -> Wind Power All times are GMT + 1 Hour
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group