How electricity cost could drop as more wind power is added to the grid.
This article comes from Associate of Corporate Counsel Mintz Levin Cohn Ferris Glovsk and Popeo PC
Americans for a Clean Energy Grid recently released a report finding that adding more wind power to the Midwest Independent Transmission System Operator grid could reduce wholesale electricity costs by more than 25% in the region by 2020. It would do so by replacing fossil fuel generation. The report, The Potential Rate Effects of Wind Energy and Transmission in the Midwest ISO Region, concluded that adding 20 GW of wind power would result in a $14 per MWh market price reduction while a 40 GW addition would lead to an average energy price decrease of more than $21 per MWh. For a copy of the report:
http://cleanenergytransmission.org/wp-content/uploads/2012/05/Full-Report-The-Potential-Rate-Effects-of-Wind-Energy-and-Transmission-in-the-Midwest-ISO-Region.pdf
Mintz Levin Cohn Ferris Glovsk and Popeo PC
www.mintz.comFiled Under: News, Policy
