26 Aug '11, 9am

Brazilian Wind Power Now Cheaper Than Natural Gas

Brazilian Wind Power Now Cheaper Than Natural Gas

“Wind’s costs have dropped over the past two years, with power purchase agreements being signed in the range of 5 to 6 cents per kilowatt-hour recently.” said Elizabeth Salerno, AWEA Director of Industry Data & Analysis. “With uncertainty around natural gas and power prices as the economy recovers, wind’s long-term price stability is even more valued. We expect that utilities will move to lock in more wind contracts, given the cost-competitive nature of wind in today’s market.”

Full article: http://www.triplepundit.com/2011/08/brazilian-wind-power-...

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