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New wind power cheaper than coal or gas in Australia

2013-02-08 23:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Electricity supplied from a new wind farm is cheaper than that from a new gas or coal-fired power plant in Australia, reports a new analysis published by Bloomberg New Energy Finance. According to the study, wind-generated electricity costs AU$80 ($83) per megawatt hour compared with compared to AU$143/MWh ($148) from a new coal plant or AU$116/MWh ($120) from a new baseload gas plant. The rates including the cost of emissions under Australia's carbon pricing system, however "even without a...

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Australian wind farms undercut fossil fuel power prices

2013-02-08 05:37:13| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: New research from Bloomberg New Energy Finance (BNEF) has this week provided further evidence that renewable energy can increasingly compete on cost with fossil fuels, revealing that unsubsidised wind farms can undercut electricity sold by new coal or gas-fired power plants. The analysis suggests electricity can be provided from wind farms at a cost of A$80/MWh, while the cost of power from new coal or gas plants, which is now subject to a carbon tax, stands at A$143/MWh and A$116/MWh respectively....

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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...

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Maryland Again Pushes Wind Power Bills

2013-02-06 16:55:04| ENR.com: Headline News

Gov. OMalley is among those hopeful that political winds will propel a 200-MW offshore project.

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Wind could power nine million homes in Eastern Europe

2013-02-05 13:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Governments in Central and Eastern Europe have been warned that billions of euros worth of investment in wind energy could be lost unless support mechanisms become more stable. A report analysing potential growth across emerging European markets was published at the European Wind Energy Association (EWEA) conference in Vienna, Austria today, a country seen by some as the "gateway" for the industry into Eastern and Central Europe. The report shows that 12 of the newer EU Member States in Central...

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