31 Jan '17, 5pm

The @windpower_m annual costs feature is here: Wind costs heading in the right direction #wind

The @windpower_m annual costs feature is here: Wind costs heading in the right direction #wind

Windpower Monthly's annual energy-cost comparison examines the latest trends in electricity capital and generation costs and finds wind energy well placed to take advantage of future price hikes in oil and gas. Despite the low oil, gas and coal prices of the past two and half years, the renewable-energy industry has remained buoyant. In November 2016 the International Energy Agency (IEA), in its World Energy Outlook, noted that low oil prices had discouraged the development of new oil fields, and so price rises are inevitable. The outlook is bright for renewables, with the IEA noting that "as a result of major transformations in the global energy system that will take place over the next decades, renewables and natural gas are the big winners in the race to meet energy demand growth until 2040". It went on to assert: "The majority of renewables-based generation is competit...

Full article: http://www.windpowermonthly.com/article/1421836/wind-cost...

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