In 2010, onshore wind cost €64.9 per Megawatt hour (MWh): less than coal at €67.6. By 2020 the gap should be even wider – €80.3 for coal and €57.41 for wind.
Nuclear is considerably more expensive than wind energy. ‘In liberalised energy markets, building nuclear power plants is no longer a commercially feasible option: they are simply too expensive”, wrote The Economist in March 2012.
Because the fuel for wind power production does not have a cost, the cost can be predicted with great certainty, unlike the fluctuations in the price of oil, gas and coal. The increase in the oil price over the past few years from $20 to over $100 has added $45 billion to the EU’s annual gas import bill.
The more wind power produced, the less reliant it is on fossil fuels at unpredictable prices.