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Wind Energy Now Cheaper Than Fossil Fuel Power Plants in Australia

2013-02-07 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Unsubsidized wind power is now cheaper than electricity produced from new coal- and natural gas-fired power stations in Australia, according to an analysis by Bloomberg New Energy Finance. The study said that electricity can be supplied from a new wind farm at a cost of 80 Australian dollars per megawatt hour, compared to 143 Australian dollars from a new coal plant and 116 Australian dollars from a new natural gas plant. Even without a recently imposed carbon price, wind energy is 14 percent cheaper...

Tags: power australia energy wind

Category:Electronics and Electrical

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