Data Debunks Price Myth About The Clean Energy Transition

Certain climate skeptic politicians routinely peddle the narrative that the green energy transition is pushing up energy bills. A new UK study reveals that the opposite is true. Let's hope they read this study.

UK gets roughly one third of its power from wind

Researchers at University College London have found the UK’s burgeoning wind power sector cut £104.2bn from the country’s energy costs between 2010 and 2023. The study, which admittedly has yet to be peer reviewed, said that cheaper energy from windfarms resulted in electricity bills being £14.2bn lower than they would have been if gas had been required to generate the same amount of power.

A further £133.3bn savings, researchers added, came from wind power pushing down gas prices by weakening demand and not having to build more gas infrastructure. When factoring in the £42.3bn citizens were charged in green subsidies, the overall savings were £104.3bn. The research does not cover the period following Mad Vlad's invasion of Ukraine, which sent gas prices sky rocketing, and would therefore have amounted to billions more in energy savings.

“Our study demonstrates that the energy transition is not a costly environmental subsidy, it is a compelling financial investment,” the report’s authors said. This study presents new evidence of the financial impact of wind generation on the UK energy market, challenging the idea that sustainability, security, and affordability, are always in conflict.

Wind power accounted for approximately 30 percent of the UK's electricity generation in 2024, making it the largest source of energy generation in the country for the first time.