BC Wind Energy Costs Declining, Productivity Increasing: Report

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

 
The cost of wind energy in the Canadian province of British Colombia continues to fall, while productivity increases, according to a new report.

The  “2012 Assessment of Wind Energy Costs in British Columbia” report by consulting group GL Garrard Hassan, and commissioned by the Canadian Wind Energy Association (CanWEA)  showed the price for wind turbines have fallen since 2009 by 20%. At the same time, wind energy productivity has also advanced by 27%.

 

 

The report also concluded there are currently 4,700 gigawatt hours per year (Gwh/year) of electricity available in B.C. at a lifetime cost (LCOE) of under C$87/megawatt-hour, and 18,000 Gwh/hr for a cost of under C$95/megawatt-hour. However, this does not include utility contract terms, and substation costs needed to connect these resources to the grid. Nor does it include savings from pollution reductions and avoided healthcare costs.

“BC Hydro is facing an incredible challenge over the next decade as new LNG plants and mining activity drive electricity demand up by a third — or 16,500 GWh,” said Nicholas Heap, B.C. Regional Director of CanWEA, in a statement.

“Fortunately, this new analysis clearly shows that with wind energy we have an abundant cost-effective, zero-emission option to supply this new demand. British Columbians choose wind energy and other renewables as their top choice for new power in repeated polling, so this is a win-win for the province,” he said.

Heap also said in the statement that wind is becoming a better option to create energy with zero emissions as costs steadily fall and productivity rises, creating new jobs in the process.

“With a much shorter construction time than large-scale hydro, wind energy is an obvious solution to meeting BC’s energy demand. Investing in wind energy will drive homegrown job creation for our skilled trades and the construction sector while also providing significant new economic benefits to regional areas hit hard by other resource declines,” he said.

Photo Credit: Zero Emission Energy Developments Inc (ZED)


Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Advertisement
 
CleanTechnica uses affiliate links. See our policy here.

Adam Johnston

is expected to complete the Professional Development Certificate in Renewable Energy from the University of Toronto by December 2017. Adam recently completed his Social Media Certificate from Algonquin College Continuing & Online Learning. Adam also graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications in 2011. Adam owns a part-time tax preparation business. He also recently started up Salay Consulting and Social Media services, a part-time business which provides cleantech writing, analysis, and social media services. His eventual goal is to be a cleantech policy analyst. You can follow him on Twitter @adamjohnstonwpg or check out his business www.salayconsultiing.com.

Adam Johnston has 305 posts and counting. See all posts by Adam Johnston