Report Highlights Technology Advancement and Value of Wind Energy

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Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab).

Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). With levelized costs of just over $30 per megawatt-hour (MWh) for newly built projects, the cost of wind is well below its grid-system, health, and climate benefits.

“Wind energy prices – particularly in the central United States, and supported by federal tax incentives – remain low even with ongoing supply chain pressures, with utilities and corporate buyers selecting wind as a low-cost option,” said Ryan Wiser, a senior scientist in Berkeley Lab’s Energy Technologies Area. “Considering the health and climate benefits of wind energy makes the economics even better,” he added.

Read more at DOE/Lawrence Berkeley National Laboratory

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