Think Wind Power Is Cheap Now? Wait Until 2030
Katherine Tweed for GreenTechMedia: In many parts of the world, wind power is cheap. That is particularly true in the U.S., where onshore wind already rivals the cost of natural gas in some regions.
But wind power will likely get even cheaper, according to new research from Lawrence Berkeley National Laboratory published in Nature Energy, with contributions from the National Renewable Energy Laboratory, University of Massachusetts, and participants in the International Energy Agency Wind Technology Collaboration Program.
The study surveyed more than 160 wind experts across the globe. Many had deep expertise in very specific regions, but the overall findings were similar: The cost of wind will continue to come down through 2030.
There are significant variations in the current costs for wind by region, but researchers "found a considerable amount of agreement” in overall reductions as a percentage of that total cost, said lead author Ryan Wiser, a senior scientist at Berkeley Lab. Cont'd...
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