Annual Wind Power Market Report Confirms Technology Advancements, Improved Project Performance, and Low Wind Energy Prices

Wind energy pricing remains attractive to utility and commercial purchasers, according to an annual report released by the U.S. Department of Energy and prepared by the Electricity Markets & Policy Group at Berkeley Lab. Prices offered by newly built wind projects are averaging around 2 cents/kWh, driven lower by technology advancements and cost reductions.

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