Can wind energy be cheaper than regular power?

...in some cases alternatives are already cheap enough to compete with conventional power. In Ireland, for instance, wind power can be supported with minimal subsidies, said Jason Bak, CEO of Finavera Renewables, which specializes in wind-powered utilities and wave power equipment. The wind blows hard on the island and its on the edge of Europe's power grid. Recent studies sponsored by the government show that wind power in many instances will be cheaper than electricity from natural gas plants. CNET