Wind power now the cheapest form of electricity in Denmark
Wind power is now the cheapest form of new electricity in Denmark, government officials have announced. In 2013, one-third of Denmark’s electricity came from wind power, and it is likely the renewable alternative will continue to grow in popularity with the decline in costs.
Wind plants due online in 2016 will cost half the price of coal and natural gas plants. According to the national Energy Agency, wind power will now cost approximately four cents per kilowatt hour. Commenting on the new analysis, Rasmus Petersen, Danish minister for Climate, Energy and Building stated: “We need a long-term and stable energy policy to ensure that renewable energy, both today and in the future, is the obvious choice.”
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