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Wind power makes economic sense as nuclear power costs spiral

Price of building an offshore wind farm has fallen 46 per cent across Europe in the last five years

Published Thu, Mar 9, 2017 · 09:50 PM

London

WATER and electric power plants don't mix well naturally, unless you add some wind.

Water tends to corrode and short out circuits. So what's happening in the renewable energy industry, where developers are putting jumbo-jet sized wind turbines into stormy seas, is at the very least an engineering miracle. What might be even more miraculous to sceptics like those populating Donald Trump's administration is that these multi-billion-dollar mega projects make increasing economic sense, even compared to new coal and nuclear power.

"If you have a sufficiently large site with the right wind speeds, then I do believe you can build offshore wind at least at the same price as new build coal in many places around the world including the US," said Henrik Poulsen…

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