DOE Report Confirms Wind Energy Costs At All-Time Lows

Posted by Betsey Lillian, North American Windpower

Lower installed project costs, along with improvements in capacity factors, are enabling aggressive wind power pricing. After topping out at 7 cents per kWh in 2009, the average levelized long-term price from wind power sales agreements has dropped to below 2 cents per kWh. Recently signed wind energy contracts compare favorably to projections of the fuel costs of gas-fired generation. Solar prices have also declined precipitously, pressuring wind’s competitiveness in some regions. Read more here.

Download the report here.

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CLIMATE NEWS

  • The climate solutions beneath our feet, by Melissa Ho, Senior Vice President, Freshwater and Food, World Wildlife Fund. Published by GreenBiz. By using a combination of climate-smart practices — rotational cattle grazing on native grasslands, planting cover crops to keep soil in place and enrich it with nutrients, innovative feed options that provide nutrition and increase the efficiency of an animal’s gut biome — a producer theoretically could achieve net negative emissions.
  • USDA reports 19 million prevented planting acres in nation, Nebraska TV
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  • CBS News Documentary: A Climate Reckoning in the Heartland. Posted by Regenerate Nebraska.