Based on 2016 EIA data for newly constructed utility-scale electric generators (those with a capacity greater than one megawatt) in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly. These three technologies accounted for about 93% of total electric generating capacity added in 2016. Across the United States, investment in electric generating capacity in 2016 increased more than 50% from 2015. Source: Today in Energy – Average U.S. construction costs for solar and wind continued to fall in 2016
Continue reading Average U.S. construction costs for solar and wind continued to fall in 2016. This article appeared first on CTRM Center.
Source: CTRM Center