Wind power to be competitive by 2016

We already saw that solar PV is due to compete in terms of costs with fossil fuels by around 2017 as this energy source is gaining momentum so fast that the Holy Grail – grid parity – might soon be within reach. These are sure great news…

But there is more as to Bloomberg New Energy Finance : ” The cost of electricity from onshore wind turbines will drop 12% in the next five years thanks to a mix of lower-cost equipment and gains in output efficiency. “

The best wind farms in the world already produce power as economically as coal, gas and nuclear generators; the average wind farm will be fully competitive by 2016 “

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

2 comments

  1. ” The best wind farms in the world already produce power as economically as coal, gas and nuclear generators; the average wind farm will be fully competitive by 2016 “

    That’s good news, now governements may run out of excuses…

  2. Yep, and it’s high time if we have a look at the latest report from the IEA…

    We should all pursue energy efficiency, conservation and sobriety. Likewise, we should all go toward renewables and other low carbon energy sources…

    It’s high time if we want to keep living a seemingly pleasant life 🙂

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