Tag Archives: cost

Wind Energy Industry: Wind Turbines Power Down Energy Prices

“When the wind turbine is built and is available, it runs. And when it runs, that generally means that natural gas-fired or coal-fired plants do not run, so it puts downward pressure on prices.” Home and business energy costs have been falling in the Midwest, and the wind industry is claiming partial credit. Bob Fagen … Continue reading Wind Energy Industry: Wind Turbines Power Down Energy Prices

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Wind energy and solar is actually cheaper than energy from coal and nuclear power plants

Taking into account health and environmental damage, wind and solar power from new plants in Europe is actually cheaper than energy from coal and nuclear power plants, according to a new report. Many people find it difficult to calculate the true cost of their electricity. Special duties, taxes and subsidies all add up to influence … Continue reading Wind energy and solar is actually cheaper than energy from coal and nuclear power plants

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Wind Turbine Prices Continued to Decline in 2011

Wind turbine prices have dropped substantially in recent years, despite continued technological advancements that have yielded increases in hub heights and especially rotor diameters. Berkeley Lab has gathered price data for 96 U.S. wind turbine transactions totaling 26,600 MW announced from 1997 through 2011, including 12 transactions summing to 2,630 MW announced in 2011. Sources … Continue reading Wind Turbine Prices Continued to Decline in 2011

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Uncertainty Reigns in Federal Incentives for Wind Energy Beyond 2012

The U.S. wind power industry is facing uncertain times. GE and Vestas both secured roughly 29% of U.S. wind energy market share (by capacity installed) in 2011, followed by Siemens (18%), Suzlon and Mitsubishi (both at 5%), Nordex and Clipper (both at 4%), REpower (3%), and Gamesa (2%). There has been a notable increase in … Continue reading Uncertainty Reigns in Federal Incentives for Wind Energy Beyond 2012

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New Database from NREL Makes Costs of Energy Technologies More Transparent

A new web application collects cost and performance estimates for electric generation, advanced vehicles, and renewable fuel technologies and makes them available for utilities, policy makers, consumers, and academics. The Transparent Cost Database (TCDB) app provides technology cost and performance estimates that can be used to benchmark company costs, model energy scenarios, and inform research … Continue reading New Database from NREL Makes Costs of Energy Technologies More Transparent

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