Wind energy pricing is at an all-time low, according to a new report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). The prices offered by wind projects to utility purchasers averaged just $25/MWh for projects negotiating contracts in 2013, spurring demand for wind energy. “Wind energy prices—particularly…
A closer look at two remaining financial tools
There is little doubt that the production tax credit increases wind-project development. The PTC and other tax credits have made the U.S. wind industry the leader in renewable energy. Unfortunately the incentives weren’t renewed this year. But there is good news: owners and developers can take advantage of other incentives that also promote industry growth.…
New Berkeley Lab study finds no evidence of residential property value impacts near U.S. wind turbines
Lawrence Berkeley National Laboratory (Berkeley Lab) analyzed more than 50,000 home sales near 67 wind facilities in 27 counties across nine U.S. states, yet was unable to uncover any impacts to nearby home property values. “This is the second of two major studies we have conducted on this topic (the first was published in 2009),…
New study finds that the price of wind energy in the U.S. is near an all-time low
Annual wind power additions in the United States achieved record levels in 2012, while wind energy pricing is near an all-time low, according to a new report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). Roughly 13.1 GW of new wind power capacity were connected to the…