21 May '18, 3pm

Learn some amazing facts about the affordability of wind energy!

Learn some amazing facts about the affordability of wind energy!

Amazing facts about the affordability of wind energy Wind energy is now the lowest-cost option for new electricity generation in Canada. In December, a competitive electricity-supply auction in Alberta yielded the lowest-ever rate paid for wind energy in the country, a weighted average of $37/ MWh. A November 2017 report from the U.S. investment firm Lazard found that in the United States, wind energy is the lowest cost option for any new supply without any subsidies . The cost of land-based wind farms is expected to continue to fall in the future. According to a June 2016 study by the International Renewable Energy Agency , the global average cost of onshore wind could fall by 26 per cent by 2025 as technological improvements continue to be made. This offers an attractive electricity source to provinces seeking to clean and diversify their electricity systems. The fuel th...

Full article: https://canwea.ca/wind-facts/affordable-power/

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