August 25, 2018

...AND CHEAPER...:

U.S. Wind Power Is 'Going All Out' with Bigger Tech, Falling Prices, Reports Show: Three new government reports detail how the wind industry is expanding -- offshore and onshore -- and the role corporations, technology and tax credits are playing. (DAN GEARINO, I8/23/18, NSIDECLIMATE NEWS)

"Right now it's going full bore," said Mark Bolinger, a research scientist at the Lawrence Berkeley National Laboratory and co-author of one of the new reports. "The industry is really going all out."

Some of the key findings:

The country's wind energy capacity has tripled since 2008, reaching 88,973 megawatts by the end of 2017. Wind contributed 6.3 percent of the nation's energy supply last year.
 
The average price of wind power sales agreements is now about 2 cents per kilowatt-hour, down from a high of 9 cents in 2009 and low enough to be competitive with natural gas in some areas.
 
State renewable energy requirements once were the leading contributor to demand for new wind farms, but they were responsible for just 23 percent of new project capacity last year due to rising demand for clean energy from corporate customers, like Google and General Motors, and others.
 
Offshore wind is going from almost nothing, with just five wind turbines and 30 megawatts of capacity off Rhode Island, to 1,906 megawatts that developers have announced plans to complete by 2023.

"The short story is wind is doing well in the markets, has been doing well, and looks like it will continue to do well," said Michael Webber, deputy director of the energy institute at the University of Texas at Austin, who was not involved with the reports.

Hap[pily, we all know that sustainable energy is the biggest hoax since 3D printing....

Posted by at August 25, 2018 8:30 AM

  

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