Today’s stat of the day: A levelized cost of electricity (LCOE) evaluation by Lawrence Berkeley National Laboratory (LBNL) researchers reveals that wind is now at $33 to $65 per megawatt-hour and falling.
Learning curve theory, said LBNL researcher Mark Bolinger, predicts that wind price should have dropped 20 percent to 30 percent as installed capacity doubled twice between 2002 and 2008. But turbine cost, which is 50 percent to 60 percent of LCOE and 60 percent to 70 percent of project cost, doubled.
via Stat of the Day: Wind’s Levelized Cost Now at an All-Time Low : Greentech Media.
Categories: Electricity, Energy