NewEnergyNews More: Why Wind Remains A Best Bet

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  • Tuesday, May 10, 2016

    Why Wind Remains A Best Bet

    Wind Energy Still a Promising Investment Despite Uncertainty

    May 3, 2016 (Transmission & Distribution World)

    “…[T]he decreasing costs and increasing efficiencies of wind energy still make it an attractive energy source for investment…[Downward trending prices mean that even after taking into account historically low prices of natural gas] onshore wind energy can be competitive with other conventional sources [according to Sure as the wind blows: the potential of wind energy in the U.S. from BBVA Reseach]…Prices of turbines have gone down 30 percent since their peak in 2008-2009…[T]echnological advances and fiscal incentives helped lead to a big uptick in wind-generation capacity…[T]he U.S. is still lagging behind countries like Denmark, Spain, Germany and China, which the economists say have a better mix of manufacturing, regulations and adoption rates…” click here for more

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