{"id":5897,"date":"2015-07-24T15:42:47","date_gmt":"2015-07-24T14:42:47","guid":{"rendered":"http:\/\/www.theoillamp.co.uk\/?p=5897"},"modified":"2015-07-24T15:42:47","modified_gmt":"2015-07-24T14:42:47","slug":"one-thing-we-have-learnt-this-week-renewables-costs","status":"publish","type":"post","link":"https:\/\/www.theoillamp.co.uk\/?p=5897","title":{"rendered":"One thing we have learnt this week &#8211; renewables costs"},"content":{"rendered":"<p><a href=\"https:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-5910\" src=\"https:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-300x135.jpg\" alt=\"walney 1 and 2\" width=\"300\" height=\"135\" srcset=\"https:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-300x135.jpg 300w, https:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-1024x459.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Like buses not one but two reports on renewables costs come out in one week.\u00a0 Both are very encouraging on future renewables costs and broadly say the same thing about two different technologies.\u00a0 The first report to come out was on offshore wind.\u00a0 At the moment other than tidal\/wave this is the most expensive renewable by far.\u00a0 DECC and the increasing UK supply chain have been working hard to get the costs down on this technology (the UK has more capacity than any other country).\u00a0 The DECC target has been 10p\/unit generation cost.\u00a0 Judging by this weeks report this target will easily be exceeded.\u00a0 By 2020 offshore wind will be <a href=\"http:\/\/gastopowerjournal.com\/market\/item\/5186-offshore-wind-may-become-cheaper-than-gas-power-within-5-years#axzz3gnj6ion9\" target=\"_blank\">competitive<\/a> with gas.\u00a0 By 2025 it should be cheaper.<\/p>\n<p>The second report on renewables costs is on <a href=\"http:\/\/www.r-e-a.net\/news\/new-rea-kpmg-report-solar-aims-to-be-first-renewable-to-be-free-of-subsidy\" target=\"_blank\">PV<\/a>.\u00a0 Essentially its saying the same thing.\u00a0 By 2020 PV will be at grid parity for ground mounted PV and soon after for rooftop solar in the UK.\u00a0 In fact some systems might be at grid parity now.<\/p>\n<p>This has all happened at the same time that the government has cut the energy efficiency targets for new homes, the green deal, ROC support for ground mounted PV up to 5MWp and onshore wind.\u00a0 This at the times when renewables costs are almost but not quite at the point where they should be -subsidy free.\u00a0 Short sighted or what.<\/p>\n<p>Neil<\/p>\n<p>The picture shows Walney 1 &amp; 2 in the Irish sea I took from a ferry the other week, at 370MWp capacity it was the largest offshore wind farm in the world at one point.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like buses not one but two reports on renewables costs come out in one week.\u00a0 Both are very encouraging on future renewables costs and broadly say the same thing about two different technologies.\u00a0 The first report to come out was &hellip; <a href=\"https:\/\/www.theoillamp.co.uk\/?p=5897\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[29,17,4],"tags":[126],"class_list":["post-5897","post","type-post","status-publish","format-standard","hentry","category-energy-costs","category-one-thing-we-have-learnt-this-week","category-renewables","tag-renewables-costs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>One thing we have learnt this week - renewables costs - The oil lamp - shining God&#039;s light on peak oil<\/title>\n<meta name=\"description\" content=\"Like buses not one but two reports on renewables costs come out in one week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theoillamp.co.uk\/?p=5897\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897\",\"url\":\"https:\/\/www.theoillamp.co.uk\/?p=5897\",\"name\":\"One thing we have learnt this week - renewables costs - The oil lamp - shining God&#039;s light on peak oil\",\"isPartOf\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-300x135.jpg\",\"datePublished\":\"2015-07-24T14:42:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/#\/schema\/person\/b6f2831189b0d01294e9672bb540ba6f\"},\"description\":\"Like buses not one but two reports on renewables costs come out in one week.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theoillamp.co.uk\/?p=5897\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897#primaryimage\",\"url\":\"http:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-300x135.jpg\",\"contentUrl\":\"http:\/\/www.theoillamp.co.uk\/wp-content\/uploads\/2015\/07\/walney-1-and-2-300x135.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=5897#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theoillamp.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"One thing we have learnt this week &#8211; 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