30 Aug '17, 10am

Cost of wind could be halved by 2030, report suggests

Cost of wind could be halved by 2030, report suggests

Scientific advances and the commercialisation of new technologies are expected to create unsubsidised wind costs of $23/MWh and below, analysts and engineers from NREL and Allegheny Science and Technology predicted. This would provide consumers with wind energy at costs competitive with or lower than other new and existing generation resources. But this cost reduction would depend on scientific advances being made to enable wind farms to produce more power, use materials more efficiently, lower operation and maintenance (O&M) costs, have longer lifespans, and utilise an array of grid control and reliability features, the report said. The DOE describes the strategies and new technologies required for this change as SMART — "System Management of Atmospheric Resource through Technology". If SMART strategies are properly utilised and the 50% cost reduction is realised, install...

Full article: http://www.windpowermonthly.com/article/1443166/cost-wind...

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