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Concentration of CO2 in the Atmosphere

US Wind Power Prices Down To $0.04 Per kWh

Reposted from CleanTechnica:

by Zachary Shahan

Anyone who tells you wind power is expensive is crazy. Wind power is the cheapest option for new electricity generation in many if not most places in the world, including much of the US. That would indeed help to explain why the US installed more wind power capacity than power capacity from any other source in 2012, 42% (or 43%?) of all new power capacity in the country.

In announcing a recent report released by the US Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab), Berkeley Lab actually noted that, “The prices offered by wind projects to utility purchasers averaged $40/MWh for projects negotiating contracts 2011 and 2012, spurring demand for wind energy.”

That’s $0.04 per kWh. Even if you add in the $0.022 Production Tax Credit (PTC), that’s $0.062 per kWh.

Read more at CleanTechnica

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