Danish Energy Association (DEA) has investigated what it costs to set up different types of plants for electricity generation.
According to the research, electricity generated by onshore wind turbines is the cheapest with just over 30 ører (4 cents) per kWh.
Offshore wind power, new centralised coal and natural gas power plants and decentralised combined heat and power came in second with costs of almost 60 ører (8 cents) per kWh.
“I am pleased that the analysis shows that wind is also economically the right way to go. And it’s also good for the environment, security of supply and Danish exports,” says Minister for Climate, Energy and Building Rasmus Helveg Petersen.
The analysis shows that there is need for support if you want to invest in new generating capacity.
The current electricity prices are too low to cover costs. This applies whether you want to invest in wind turbines or power plants.
DEA warns that the analysis cannot be used to conclude that in the future only onshore wind turbines will be built in Denmark, as power plants are needed as a back-up option for when there is no wind.
“When the wind-energy today is cheaper than other forms of energy, it is because of a big commitment and professionalism in the field. This is true for researchers, companies and politicians. We need a long-term and stable energy policy to ensure that renewable energy, both today and in the future is the obvious choice,” says Rasmus Petersen.