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Wind Power Saves UK £104 Billion in Energy Costs

10/31/2025

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Summary

Story summary

A study by University College London shows that wind power has saved the UK £104 billion in energy costs since 2010.
Wind energy reduced electricity bills by £14.2 billion compared to gas generation and lowered gas demand, saving £133.3 billion by avoiding new gas-fired power stations.
After accounting for £43.2 billion in green subsidies, the net savings total £104.3 billion.
Energy Secretary Ed Miliband praised the findings, stating that wind power is a cheaper and cleaner alternative to gas.

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Story summary

A study by University College London shows that wind power has saved the UK £104 billion in energy costs since 2010.
Wind energy reduced electricity bills by £14.2 billion compared to gas generation and lowered gas demand, saving £133.3 billion by avoiding new gas-fired power stations.
After accounting for £43.2 billion in green subsidies, the net savings total £104.3 billion.
Energy Secretary Ed Miliband praised the findings, stating that wind power is a cheaper and cleaner alternative to gas.