Wind energy pricing remains attractive to utility and commercial purchasers, according to an annual report released by the U.S. Department of Energy and prepared by the Electricity Markets & Policy Group at Lawrence Berkeley National Laboratory (Berkeley Lab). Prices offered by newly built wind projects are averaging around 2¢/kWh, driven lower by technology advancements and cost reductions.
“Wind energy prices—particularly in the central United States—are at rock-bottom levels, with utilities and corporate buyers selecting wind as the low-cost option,” said Berkeley Lab Senior Scientist Ryan Wiser. “Moreover, enabled by technology advancements, wind projects are economically viable in a growing number of locations throughout the United States.”
Source: Berkeley Lab Energy
Date: Aug 17, 2016