"Balanced expert perspective available fromour huge archive dating back to 1985"
Joining the ranks of the respectable
1 January 2004
Given a fair market, a good site on land and the removal of regulatory barriers, wind power today can compete on price with any other source of electricity generation. For a technology which is just 25 years old and has to carry a huge proportion of its costs up front -- making finance relatively expensive -- that's no mean achievement. Last year, as our annual New Year survey of wind's competitive position reveals, only gas was able to give wind a hard time. Gas prices, however, are currently rising fast, and are likely to soon make wind the best economic option in many countries. Now it is the job of politicians to ensure that market conditions allow electricity consumers to benefit from the cheapest power around.
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