Published on March 9th, 2011 | by Zachary Shahan7
Wind Energy Cost-Competitive with Coal in Some Regions
Perhaps not in your part of the world, but according to the latest report from Bloomberg New Energy Finance, in many parts of the world, onshore wind power is now completely cost-competitive with coal.
Reportedly, in some regions of Brazil, Mexico, Sweden and the United States, wind power has gotten down to $68/MWh. Coal power in those same regions — $67/MWh.
And this isn’t even taking the tremendous health costs of coal into account.
The DOE rolled out a 10-year plan last month aimed at making wind and solar power cost-competitive with coal. Clearly, in some regions, that won’t be a problem.
Read more on our sister site, Planetsave: Wind Energy Now Cost-Competitive with Coal
Photo Credit: Adrian S Jones