NewEnergyNews: Wind Price Now Beating NatGas

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    Thursday, December 22, 2016

    Wind Price Now Beating NatGas

    Wind energy cheaper than natural gas in some circumstances

    Heather Richards, December 21, 2016 (Casper Star-Tribune)

    “…Federal regulators approved transmission lines that will carry the electricity generated at [the 1,000-turbine Chokecherry and Sierra Madre wind farm in the plains of southern Wyoming] across state lines…[about the same time researchers concluded that in] some regions of the country, wind is now cost-competitive with natural gas, which is one of the cheapest and most reliable electricity fuel sources in the U.S…Renewable energy projects have become an increasingly viable way to meet electricity demand in the United States and are rapidly encroaching on the domain of coal and natural gas…Thanks to advancing technologies, everything from turbine blades to battery storage is cheaper and more efficient, according to Lazard 9.0…[L]and-based wind costs are between $32 and $62 per megawatt hour, compared with a combined-cycle natural gas plant, which would cost between $48 and $78 per megawatt hour…” click here for more

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