Wind energy pricing remains attractive, according to an annual report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). At an average of around 2 cents per kilowatt-hour (kWh), prices offered by newly built wind projects in the United States are being driven lower by technology advancements and cost reductions.
"Wind energy prices ¬- ¬particularly in the central United States, and supported by federal tax incentives - remain at all-time lows, with utilities and corporate buyers selecting wind as a low-cost option," said Berkeley Lab Senior Scientist Ryan Wiser of the Electricity Markets & Policy Group .
Key findings from the U.S. Department of Energy's " Wind Technologies Market Report " include:
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Berkeley Lab's contributions to this report were funded by the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy.
Additional Information:
The full 2017 Wind Technologies Market Report, a presentation slide deck that summarizes the report, several data visualizations, and an Excel workbook that contains much of the data presented in the report can be downloaded from windreport.lbl.gov .
The Department of Energy's release on this study is available at energy.gov/windreport .