T: 01242 620894 / 0800 2949246   E: info@mypoweruk.com

Cheap wind and solar will make tidal and nuclear power irrelevant if costs don't decrease

Punchline reports on the announcement from Tidal Lagoon Power than their proposed Swansea bay development has secured a connection to the grid, an essential precursor to any energy plant being successfully built.

The company boasts. "Today we have secured the grid connection for a tidal power station equal in installed capacity to Hinkley Point C. Looking at the pounds per megawatt hour unit cost of new build power stations, nuclear is currently priced in the nineties, the latest offshore wind projects are expected to drop into the seventies and our models show Cardiff Tidal Lagoon beating them all in the sixties.”

The timing is particularly unfortunate in that it comes on the same day that Dong Energy has won the latest round of offshore wind projects with a bid of only £57.50/MWh which is half the price of installed wind only two years ago. With the costs of wind and solar falling rapidly, tidal electricity generation risks becoming as irrelevant as nuclear unless the costs come down sharpish.

You can read the upbeat report on Punchline here.

News Headlines

Mypower are rewarded for their outstanding Gloucester Cathedral project at the British Renewable Energy Awards

The first proper challenge to Tesla’s EV hegemony arrives in 2019

Petrol stations looking to the future with EV charging points

Cheap wind and solar will make tidal and nuclear power irrelevant if costs don't decrease

China plans an end to the production and sale of diesel and petrol engines

Wind energy now much cheaper than nuclear

BMW set to unveil its third electric model

The sleek looking, Nissan Leaf was launched today

Mypower’s superb year to be recognised at the Gloucestershire Business Awards

Electric aircraft to be developed as an alternative to cars in congested urban space

Mypower at the annual Moreton Show

Cost parity between EVs and ICE vehicles will arrive in the next few years

Audi team up with Chinese solar manufacturer to create solar glass roof

Pictures of the new electric Mini have been released

There's a simple reason why National Grid's warning about EV charging is false

The Qataris have suffered in their quest to generate the islands electricity from solar

The new Daimler Benz Maybach shows some credible EV ambition

German carmakers are facing their iPhone moment

BP announce installation of fast EV chargers across their UK filling station network

Porsche are bringing out a new super fast charging EV charger