NewEnergyNews More: The Great Wind Deal Will Get Better

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  • Tuesday, February 28, 2017

    The Great Wind Deal Will Get Better

    Wind Energy Will See More Tech Breakthroughs, Falling Costs, Experts Predict

    Jeff McMahon, February 27, 2017 (Forbes)

    “…[Research and experts agree] wind energy will continue to get cheaper toward 2030 and beyond…[Technological advancements that have yet to be implemented suggest] that wind energy is not as mature a technology as its slowly evolving turbines make it appear…Experts anticipate a wide range of advancements that will [reduced onshore wind up-front costs,] increase project performance, extend project design lives, and lower operational expenses. Offshore wind has even greater opportunities for cost reduction, though there are larger uncertainties…[E]xperts predicted on-shore wind energy would see cost reductions of about 35 percent by 2050. The cost of offshore wind would drop 38 percent to 41 percent, they predicted…” click here for more

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