Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). With levelized costs of just over $30 per megawatt-hour (MWh) for newly built projects, the cost of wind is well below its grid-system, health, and climate benefits.
“Wind energy prices – particularly in the central United States, and supported by federal tax incentives – remain low even with ongoing supply chain pressures, with utilities and corporate buyers selecting wind as a low-cost option,” said Ryan Wiser, a senior scientist in Berkeley Lab’s Energy Technologies Area. “Considering the health and climate benefits of wind energy makes the economics even better,” he added.
Read more at DOE/Lawrence Berkeley National Laboratory
Photo Credit: ELG21 via Pixabay