Lazard study shows wind costs are down & competitiveness is up

By Michelle Froese Editor’s note: This article comes from the Canadian Wind Energy Association’s (CanWEA) December blog. You can read CanWEA’s other blog postings here.
Over the last eight years, wind energy has become increasingly cost-competitive with conventional generation technologies, on anunsubsidized basis, reflective in declines in the pricing of system components and improvements in efficiency. Read the Lazard report here.
A November 2017 report by U.S. investment firm Lazard shows that wind energy costs continue to track lower across the globe. Since 2009, the unsubsidized levelized cost of energy (LCOE) for onshore utility-scale wind energy has decreased by 67 per cent. This is an

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