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The Energy and Climate Intelligence Unit (ECIU) is a non-profit initiative that supports informed debate on energy and climate issues.
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3/3 📉 CfDs have driven major cost reductions.
Offshore wind strike prices fell 68% between 2014 and 2022.
Despite recent inflation, prices remain far below early levels. Renewables now supply 50% of UK electricity and cut wholesale prices by 25% in 2024.
Offshore wind strike prices fell 68% between 2014 and 2022.
Despite recent inflation, prices remain far below early levels. Renewables now supply 50% of UK electricity and cut wholesale prices by 25% in 2024.
January 7, 2026 at 9:00 AM
3/3 📉 CfDs have driven major cost reductions.
Offshore wind strike prices fell 68% between 2014 and 2022.
Despite recent inflation, prices remain far below early levels. Renewables now supply 50% of UK electricity and cut wholesale prices by 25% in 2024.
Offshore wind strike prices fell 68% between 2014 and 2022.
Despite recent inflation, prices remain far below early levels. Renewables now supply 50% of UK electricity and cut wholesale prices by 25% in 2024.