06 Mar '12, 2pm

Wind energy cheaper than coal | Peak Oil News and Message Boards

- While utilities are allowed to charge customers extra for renewable energy, customers are also seeing savings due to wind power. Said the Commission, “While … surcharges have an impact on electric rates, there are also economic benefits attributable to an increase in renewable energy generation sources and improved energy efficiency. As noted in previous sections, the cost of energy generated by renewable sources continues to decline and is cheaper than new coal-fired generation. Throughout the MISO footprint [the area covered by the Midwest Independent System Operator, which manages the electric transmission system in the Upper Midwest], increased growth in wind turbines generation appears to have displaced relatively high cost generation, resulting in lower cost base-load plants more frequently setting the marginal electricity price. The continued growth in Michigan’s ...

Full article: http://peakoil.com/alternative-energy/wind-energy-cheaper...

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Community Wind Power

Community Wind Power

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