Could offshore wind soon prove cheaper than its onshore cousin?

James Murray
clock • 6 min read

New report from Cornwall Insight suggests plummeting offshore wind costs and strict onshore planning rules could see the cheapest form of new power move offshore

Onshore wind is currently thought to be the cheapest form of new generating capacity available in the UK, but could its crown soon be challenged by its offshore cousin? That is the question posed by...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Wind

'A win-win for nature': Marine Recovery Fund promises to unlock up to £30bn in offshore wind investment

'A win-win for nature': Marine Recovery Fund promises to unlock up to £30bn in offshore wind investment

Ministers claim reforms to system of Marine Protected Areas can help deliver up to 13 new offshore wind farm projects

James Murray
clock 29 January 2025 • 3 min read
Study: UK forecast to miss 2030 wind and solar goals by 32GW

Study: UK forecast to miss 2030 wind and solar goals by 32GW

But government says it does not recognise figures from Cornwall Insight that suggest UK is on course to miss 2030 clean power goal

Michael Holder
clock 27 January 2025 • 5 min read
New cable failure detection technology could save offshore wind sector millions, tech firm claims

New cable failure detection technology could save offshore wind sector millions, tech firm claims

Synaptec touts new technology that promises to tackle top cause of offshore wind project financial losses and insurance claims

clock 08 January 2025 • 2 min read