NewEnergyNews: The Wind Deal Keeps Getting Better

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    Founding Editor Herman K. Trabish

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  • Bill Maher’s New Climate Change Solution
  • Beyond Batteries
  • Professor Mark Jacobson On The Economics Of Carbon Capture

    Thursday, August 31, 2017

    The Wind Deal Keeps Getting Better

    Wind Energy Is One of the Cheapest Sources of Electricity, and It's Getting Cheaper; A comprehensive survey of the wind industry shows wind energy is routinely purchased in bulk for just two cents per kilowatt-hour—and turbines are only getting cheaper, bigger, and better

    Robert Fares, August 28, 2017 (Scientific American)

    “… U.S. wind energy will continue to be one of the lowest cost electricity generation technologies available, with the long-term wind electricity price available through a power purchase agreement coming in at about half the expected cost of just running a natural gas power plant…[according to the the U.S. Department of Energy (DOE) 2016 Wind Technologies Market Report and] stiff competition from both natural gas and solar energy are poised to push the wind industry to achieve even lower prices and higher performance through the development of bigger turbines tailored to maximize their output even in regions with less than optimal wind speeds…The average U.S. consumer pays about 12 cents per kilowatt-hour for electricity…The actual cost of electricity generation alone is something like 2 to 4 cents per kilowatt-hour…[and] wind energy consistently comes in at or below the going market rate…” click here for more

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