North American Windpower: Report Shows Wind In Europe Is Cost-Competitive

Report Shows Wind In Europe Is Cost-Competitive

by NAW Staff Friday January 12 2007

Emerging Energy Research (EER), a research and consultancy firm based in Cambridge, Mass., has released a report comparing the costs of different sources of renewable energy in Europe.

According to the company, its analysis of the comparative costs of energy, conducted on a euro/MWh basis, is based on estimates of the cost of building a new conventional generation facility versus a new wind power plant in Europe. In relation to other renewable energy sources, such as solar and biomass, wind remains the most cost-competitive and offers the largest potential in Europe in the short term, EER says.

"With wind power becoming more cost-competitive, it will play an important role in Europe's power generation mix going forward, especially in light of the growing risk of energy security, rising fuel costs and climate change," says Alex Klein, EER's senior analyst.

To view the analysis, register on the company's Web site at www.emerging-energy.com/user/register.aspx

Latest Top Stories

Post-FIT Decision, Turbine OEMs Mull Over Options For Ontario Wind Energy Market

Under political pressure, the Ontario government recently pulled the plug on its landmark feed-in tariff (FIT) program for large-scale renewable energy projects, leaving provincial suppliers and manufacturers with an uncertain future.

Continent's First Grid-Connected Offshore Wind Turbine Floats In Maine Waters

Billed as a historic day for offshore wind in North America, researchers flipped the switch on a floating prototype. This marks the first electrons from an offshore wind turbine to flow into the region's grid.

Raising The Discourse: How Wind Industry Can Help Avoid 'Climate Emergency'

Larry Schweiger, the president/CEO at the National Wildlife Federation, says the wind industry is an important ally to combat global warming, which is triggering dangerous and unprecedented weather events around the world.

The Numbers Don't Lie: U.S. Utilities Continue To Embrace Wind Energy

Last year, more than 40% of U.S. utilities reported having wind energy on their systems, proving the fact that utilities continue to integrate wind in growing numbers – and, in some cases, at unprecedented levels.

BOEM To Award Mass., R.I. Offshore Wind Leases; Pre-Qualifies Nine Developers

In July, the Bureau of Ocean Energy Management will auction nearly 165,000 acres off the coasts of Rhode Island and Massachusetts to facilitate offshore wind development.