Wind has the power to revolutionise the UK’s electricity industry, according to a study published on Wednesday.

Research from analysts Poyry says that the UK can massively expand wind power by 2030 without suffering power cuts or a melt-down of the National Grid.

The cost of electricity would then be determined not by consumer demand, but by how hard the wind is blowing.

When it is windy power will be so cheap that other forms of generation will be unable to compete, the report says.

If accepted by government, these key findings could strongly influence the UK’s future energy supplies.

The study was done for National Grid, Centrica and others. The researchers reviewed 2.5 million hourly weather reports on wind speeds all around the UK.

Idle time

If the wind were to drop everywhere round the UK (as happened during the January high pressure cold snap), other generators would make their money by switching on back-up fossil fuel power stations for a very short time, charging extremely high prices, it predicts.

Dr Phil Hare from Poyry said these back-up generators might stand idle for years without making a profit – so the government might need to find a new way of ensuring they were funded.

The study bases its assumptions on current levels of subsidy. It concludes that, thanks to the wind subsidy through the “Renewable Obligations Certificates” issued by regulator Ofgem, electricity prices would be negative if the wind were blowing hard.

Read more . . .

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Tags: cost of electricity, electricity industry, electricity prices, fossil fuel power, future energy, Innovation, money, national grid, phil hare, wind power, wind speeds

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