Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says

Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says | Renewable Energy News Article

renewableenergyworld.com 01 Nov '12, 6pm

Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says

The average price of operation and maintenance contracts for onshore farms this year slid to 19,200 euros ($25,000) a megawatt from 30,900 euros in 2008, Bloomberg New Energy Finance said today. It took data from 38 developers and service providers in more than 24 markets for its first O&M Price Index. “Wind power has done much to improve its competitiveness against gas-fired and coal-fired generation in recent years via lower-cost, more technically advanced turbines and more sophisticated siting and management,” Michael Liebreich, chief executive officer of London-based BNEF, said in the statement. The figures help inform debate in the U.S. and Britain, where governments are considering how much to subsidize renewable energy. BNEF’s findings show manufacturers led by as Vestas Wind Systems A/S are bringing down prices, making the machines more profitable for power provide...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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@MLiebreich » 08 Nov '12, 1pm
RT @nrgsystems: Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says | Renewable Energy News Article [link] #windworks
@nrgsystems » 08 Nov '12, 1pm
Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says | Renewable Energy News Article [link] #windworks
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@rockermom53 » 02 Nov '12, 3pm
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@RogerLemire » 02 Nov '12, 3pm
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@EcoManLeader » 01 Nov '12, 11pm
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Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says [link]
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Wind Farm Operating Costs Fall 38% in Four Years, BNEF Says The cost of running and maintaining wind farms has fallen [link]