Wind Electricity to be Fully Competitive with Natural Gas by 2016, says Bloomberg New Energy Finance


Over the next five years, Bloomberg New Energy Finance (BNEF) expects that wind energy will be competitive with natural gas.  Research showed that the cost of wind-generated electricity has fallen 14% for every doubling of installation capacity.   Continued performance improvements and cost reductions, combined with better materials and manufacturing, larger turbines and more experience in [...]