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Recent Developments in the Levelized Cost of Energy from U.S. Wind Power Projects

Recent Developments in the Levelized Cost of Energy from U.S. Wind Power Projects

Date: 2/1/2012

The Lawrence Berkeley National Laboratory (LBNL) and the National Renewable Energy Laboratory (NREL) published Recent Developments in the Levelized Cost of Energy from U.S. Wind Power Projects, a briefing presentation that summarizes recent work on wind energy costs. Portions of this work were also presented in a multi-part webinar in December 2011. The LBNL-NREL work analyzes wind energy costs in three time periods: projects installed in 2002-2003, projects installed in 2009-2010, and projects based on current wind turbine pricing to be installed in ~2012-2013. The research shows that wind energy technology was far from static during this period, and the levelized cost of wind energy is now trending toward an all-time low within fixed wind resource areas. If you have questions, contact Ryan Wiser at LBNL or Eric Lantz at NREL. The U.S. Department of Energy's Wind and Water Power Program supported this work.

This information was last updated on December 13, 2013