Renewable power costs continue to fall
Renewable energy has become the most cost-effective way to generate electric power for hundreds of millions of people worldwide who are not on the grid, a new IRENA policy brief reveals. Renewable...
View ArticleOnshore wind energy is already cost competitive with coal and gas, and it is...
The cost of energy is a topic high up on the media agenda but it is a thorny issue complicated by all the different variables and methods used to calculate the cost of energy. One commonly used method...
View ArticleNew wind turbine blade designs could reduce costs
In the well known Greek myth, Icarus, attempting to fly with wings that his father had constructed from feathers and wax, ignores instructions not to fly too close to the sun, the wax melts and he...
View ArticleBringing Down the Cost of Small Wind Turbines
How do we stay competitive in the global wind energy market? A key component is continued leadership in manufacturing small wind turbines – those rated at 100 kilowatts or less. Historically, the...
View ArticleWind energy will be cheapest electricity generating technology by 2020
Wind power will be at the centre of Europe’s power needs, meeting 50% of electricity demand by 2050, Robert Clover from MAKE Consulting said today. Moreover, “after 2020 wind is the cheapest...
View ArticleSolar Energy To Beat Coal Prices in New Mexico
A new solar power plant opening in New Mexico will be selling electricity at record low prices. First Solar, a large thin-film solar manufacturing company based in Tempe, Ariz., recently announced that...
View ArticleNovel Designs Are Taking Wind Energy to the Next Level
New technology, including better control algorithms and communications, is improving the performance of wind turbines. Superficially, wind turbines haven’t changed much for decades. But they’ve...
View ArticleAustralia wind energy cheaper than fossil fuel
The cost of wind power generation had fallen by 10 per cent since 2011 due to lower equipment expenses, even as the cost of solar power had dropped by 29 per cent. ”The fact that wind power is now...
View ArticleWind Energy to Compete With Fossil Fuels by 2015, Make Says
Onshore wind energy will become competitive with traditional fossil fuels in Europe, the U.S. and Asia by 2015, Danish researcher Make Consulting said. Worldwide, the technology is an average of about...
View ArticleFossil Fuel Subsidies Topped $620 Billion in 2011
The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil, and natural gas from their prices. Subsidies manipulate the game even...
View ArticleWind Energy update: Foundation costs top list of industry focus points
As organisations across Europe use task forces to drive down the cost of offshore wind energy, Wind Energy Update [WEU] reveals the importance foundations has to the overall levelised cost of energy...
View ArticleCost of Renewable Power Generation Increasing Competitive
Renewable power generation is one the most crucial ways of achieving the goal of sustainable development for all countries. Significant capacity additions are being witnessed annually. In 2012, 772.3...
View ArticleThe cost of solar power
California’s Public Utility Commission (CPUC) last month reported to the state legislature on the cost of renewables. The Padilla report, so-called because of a bill introduced by Senator Alex Padilla...
View ArticleCost reduction remains the main route to success for Concentrating Solar Power
Concentrating Solar Power installations in the United States are forecast to set new records in 2013, with total capacity increasing by a staggering 120%, to 1889.66MW. As five new solar thermal...
View ArticleCost of renewable energy is falling
Wind energy costs are falling and some companies involved in wind are seeing a rise in profits, according to evidence which has appeared in the world’s media this month. By Zoe Casey In Europe,...
View ArticleWind Energy Update: Ways to Lower the Levelised Cost of Energy in Offshore...
Current wind farm projects have indicated that costs have stabilised at around £140 / €160 per MWh and regulators have put forward a challenge that offshore wind should reach a LCOE of £100 / €120 MWh...
View ArticleDNV KEMA: Accuracy of wind farm energy assessments improving
Accurate estimates may lead to more favorable financing terms for wind projects and lower wind energy costs DNV KEMA Energy & Sustainability, a global energy consulting firm and authority in...
View ArticleRoad Transport: The Cost of Renewable Solutions
The latest in a steadily expanding series of costing studies from the International Renewable Energy Agency (IRENA) describes “an increasingly positive outlook” for the use of renewable energy in road...
View ArticleWind Energy to Double and Solar Power to Triple in 6 Years, Says IEA
The headline summary of the new Medium-Term Renewable Energy Market Report 2013 from the International Energy Agency (IEA) has been well reported: Renewables will surpass natural gas for electricity...
View ArticleWind energy costs near record low
The U.S. Department of Energy has released its Wind Technologies Market Report 2012, with some exciting findings concerning the cost of wind power. Highlights: - Capital cost continues to drop,...
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