NewEnergyNews: The Global Plan For Ever-Better Wind

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    Friday, May 12, 2017

    The Global Plan For Ever-Better Wind

    Core Cleantech: Driving Wind Costs Down

    Louisiana Salge, May 8, 2017 (Cleantech Group)

    “…[The global wind] sector kept up its double-digit growth pattern…Continued adoption has been accompanied by the reduction of levelized cost, especially in offshore wind. The U.K. saw costs dropping to £97/MWh, which is below the £100/MWh benchmark – three years ahead of the government’s schedule…In the last few years, a good proportion of cost reductions in wind energy has been attributable to innovation in the design of the turbines and tower structures, whereas looking forward, cost reductions are more easily achieved through innovation in construction and within the supply chains for wind farms. Offshore wind farms’ installation costs still shape a significant proportion of wind energy costs…Given that there is already 486,790MW-installed wind turbine capacity on- and offshore globally (as of the end of 2016), some innovators aim at improving the capacity factor of existing wind farms…” click here for more

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