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In many parts of the world, onshore wind power is now completely cost-competitive with coal.

Clean Power

Wind Energy Cost-Competitive with Coal in Some Regions

In many parts of the world, onshore wind power is now completely cost-competitive with coal.

wind turbines in black and white

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

 
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Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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