New Report Shows Technology Advancement and Value of Wind Energy.
[ https://newscenter.lbl.gov/2021/08/30/technology-advancement-and-value-of-wind-energy/ ] Source: By Berkeley Lab News Release Media Relations . Excerpt: Wind energy continues to see strong growth, solid performance, and low prices in the U.S., according to a report released by the U.S. Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). With levelized costs of just over $30 per megawatt-hour (MWh) for newly built projects, the cost of wind is well below its grid-system, health, and climate benefits. “Wind energy prices – particularly in the central United States, and supported by federal tax incentives – remain low, with utilities and corporate buyers selecting wind as a low-cost option,” said Berkeley Lab Senior Scientist Ryan Wiser. “Considering the health and climate benefits of wind energy makes the economics even better.” Key findings from the DOE’s annual “Land-Based Wind Market Report” include: Wind comprises a growing share ...