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August 1 2014

In Two Years, Denmark's Wind Power Will Be Half the Cost of Fossil Fuels


Wind power is officially the cheapest source of energy in Denmark, according to the nation's government—and by 2016, it claims the electricity whipped up by its newest turbines will be half the price of fossil fuels like coal and natural gas.

Denmark's Energy Association (everything about Scandinavia is friendlier, even its DEA) announced the news last week, and it's an achievement worth highlighting. Wind and solar are achieving grid parity with fossil fuels—that is, it's just as cheap—in many places around the world. Even without the tax breaks, declining manufacturing costs and growing scale have rendered wind power just as cheap as natural gas in many states right here in the gas-rich US.

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