Between 2010 and 2016, the capacity-weighted average cost (real 2016$) of U.S. wind installations declined by one-third, from $2,361 per kilowatt (kW) to $1,587/kW, based on analysis in the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy’s (DOE/EERE) Wind Technology Market Report. The reasons for this decline include improving technology and manufacturing capability and an increasing concentration of builds in the regions of the United States with the lowest installation costs. Source: Today in Energy – Wind generators’ cost declines reflect technology improvements and siting decisions
Continue reading Wind generators’ cost declines reflect technology improvements and siting decisions. This article appeared first on CTRM Center.
Source: CTRM Center