The best wind energy plants in the world already produce power as economically as coal, gas and nuclear generators, and the average wind farm will be fully competitive by 2016. These are the findings of a new report by London-based Bloomberg New Energy Finance (BNEF).
The researches suggested that land-based wind farm plants will be "fully competitive" with conventional electricity sources in five years: "The best wind farm plants in the world already produce power as economically as coal, gas and nuclear generators; the average wind farm will be fully competitive by 2016."
Furthermore, the U.S. Energy Information Administration (EIA), documented wind's increasing role in U.S. electricity generation: From some 6 billion kWh in 2000 to 95 billion kWh in 2010.
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