The single most-significant difference came from the so-called ‘leading experts’: a hand-selected group of 22 individuals who are among the wind sector’s most knowledgeable and senior leaders. Those experts were, on average, even more optimistic about wind energy cost reduction, expecting LCOE to decline by 27% by 2030 and 48% by 2050 in the median scenario, and by 57% and 66% in the low scenario (Figure 4). The views of this group suggest even greater potential for cost reduction than noted earlier.
It’s been quite the summer for U.S. offshore wind power! Following months of unprecedented progress in Massachusetts and Rhode Island, the Obama Administration released a strategy today that charts a collective path forward for the U.S. to seize the immense clean energy potential off our shores.
Wind farm development in the south has been slow. At one time, the sauntering southern breezes seemed too sluggish to harness for wind farm development. Research, meteorology and advanced wind turbine technology have finally enabled economic wind farm development in the south. Two southern cultural references, mixed with some new science, help explain why wind [...]
Fad wind turbines bad-mouth utility-scale wind farms, and then frequently fail to live up to their promises. That’s bad news for renewable energy. People can get misled into a false techno-optimism, that we should delay using today’s technologies because the future technology will be perfected, if we just wait a little longer. One positive aspect from the QZ.com article is it points out that a residential solar array costs about half as much as the wind tree. One thing the article doesn’t mention is that residential solar panels can achieve 20-30% capacity factors, or 4-5x higher performance than the wind tree (at 5%). At half the price and 4-5x the performance, residential solar panels are way, way better investments than the wind tree.
The LBNL report tracks trends in cost and performance among other metrics for the wind energy industry nationwide. Just over 5% of all electricity generated in the country comes from wind power. The average installed price for wind energy capacity is down 24% in just five years.
Really, it is time to buy wind energy. This is very simple. Wind costs less than running natural gas power plants. Keep the power plants. Use them, we’re not saying they aren’t needed. But it is cheaper to buy power from wind projects than to run your power plant full-out. Look at this amazing forecast [...]
Our followers on social media think the answer should be “as much as possible,” but in our brief SACE argues in favor of a cap of 2,500 megawatts (MW) of renewable energy, likely to be mainly solar and wind. Georgia Power has proposed only 525 MW, and other parties have signaled interest in 1,200 MW or 2,000 MW. What’s remarkable about this “debate” is that everyone involved agrees that whatever the number, Georgia Power customers will end up saving money as these projects will cost less than the projected cost of generating power. This approach to developing renewable energy has been led by Commissioner Bubba McDonald.
Thanks to NPS’s new sound level mapping, it is fairly clear that a 35 decibel sound limit isn’t just discriminatory to wind farms, it’s likely impossible to achieve under already-existing conditions in significant portions of the country. By enacting sound level regulations that are below existing, ambient sound levels, anti-wind energy activists are obviously attempting to ban wind farms.
Wind-powered libations are greatly changing the meaning of the phrase “Drink Responsibly.” Businesses are recognizing the importance of producing products with a low carbon footprint. By installing wind turbines, companies are lowering energy consumption and lowering their power bills.
It seems if an idea makes sense, political persuasion isn’t all that important. Just a few days ago, we reported that increasing numbers of Republicans support wind power. Now, two new studies quantify just how much that support has grown in recent years. Lazard Ltd., a financial advisory and asset management firm, just released a survey showing strong support for renewable energy from voters on both sides of the aisle. The change in attitudes among self-described conservatives is particularly striking.