US Wind and Solar Energy will be Cost Competitive in 12 years

US Wind and Solar Energy will be Cost Competitive in 12 years
The National Renewable Energy Laboratory (NREL) has released a study, called ‘Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West’ It predicts that wind and solar electricity generation installations will become cost-competitive, without the help of US Federal subsidies, by 2025. In the words… Read the rest

Wind Power Cost-Competitive with Fossil Fuels in United States

Wind Power Cost-Competitive with Fossil Fuels in United States
Some very interesting statistical data had just been released. It is contained within the US Department of Energy’s study on US Wind power. 1.  During 2012 about 13 gigawatts of new capacity was installed. For comparison purposes this is more than twice the UK’s total wind power. It provided about 43% of the net additions to… Read the rest

Vestas Reports Strong Performance In Early 2010

Vestas Reports Strong Performance In Early 2010

Denmark’s Vestas, the world’s largest wind turbine maker, is enjoying a large number of orders recently to come back from a very shaky 2009. Vestas announced last Wednesday that German company Nordwind Handels GmbH & Co. ordered 40 V90 turbines for installation in eastern Germany. Each turbine has a capacity of 2 MW. The contract includes… Read the rest

World Wide ‘Wind Power Produced Energy’ – Forecast

World Wide ‘Wind Power Produced Energy’ – Forecast
World demand continues to rise steadily annually through 2010   The continued rising interest in developing domestic renewable energy resources, such as wind, is expected to increase 6.8 percent per year in the US to $9.1 billion in 2010. Wind as an energy resource is cleaner and not subject to fuel price shocks, hence the demand… Read the rest