wind costs

Wind Levelized Cost of Electricity (LCOE) at All-Time Low

It’s been awhile since I read and wrote about so many huge clean energy stories in one day, or in one week. From clean, renewable energy providing Europe with 70% of its new power in 2011, to solar PV bringing down the cost of electricity in Germany, to the largest offshore wind farm in the world opening in the UK today, and even more big stories in between, this is a time to remember. Another big story, reported by Greentech Media and discovered by researchers at the Lawrence Berkeley National Laboratory (LBNL), is that the levelized cost of electricity (LCOE) from wind power has reached an all-time low.

New IEA Report on Renewable Energy Costs & Policy (IEA Nails It!)

The International Energy Agency (IEA), traditionally a very fossil-fuel-friendly international agency, reported today that renewable energy is becoming cost-competitive (and should receive subsidies to account for its environmental, energy security, and health benefits) — several extended quotes below. While I’m happy to see the IEA make this announcement (and there … [continued]