28 Mar '14, 12pm

Wind 'competitive with gas' in US #green

Wind 'competitive with gas' in US #green

The Visualising the Production Tax Credit for Wind Energy study by the University of California and Syracuse University shows wind costing only $0.0035/kWh more than gas when levelised over the 20-year life of a typical wind project. This is the result of taking into account the cost of the environmental impact of gas power stations, as well as the predicted volatility of wholesale gas prices. "The true cost of electricity from wind power and natural gas are effectively indistinguishable, yet because the cost of carbon emissions is not included in the market price of gas, wind has not been a competitive form of energy use in most of the United States without government pricing support," said Jason Dedrick, associate professor at Syracuse's School of Information Studies. The analysis started with data from the US Department of Energy (DOE) concerning the levelised cost of e...

Full article: http://www.windpowermonthly.com/article/1287707/wind-comp...

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