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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