Monday, August 20, 2007

Wind may be cheaper than coal or nuclear

Not possible? According to the International Herald Tribune, new GE nuclear power plants will cost $2000-3000 per kilowatt of capacity. The article implies a similar run-up in the price of new coal capacity.

How does this compare to other types of power? According to the Canadian Renewable Energy Network (CANRen), "
Modern wind turbine generators cost between $1500 and $2000 per kilowatt."

We may see the day where wind is not marketed as green electricity. It may just be cheap electricity.




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