Tipping Point for Wind Energy

Tipping Point for Wind EnergyIt seems like only yesterday that I wrote this piece in which I pointed out that Fox News was deliberately misleading its viewers with respect to clean energy. “Yes, renewables are more expensive than coal,” I admitted, “But that’s hardly a secret.”

Now, even the cost issue has evaporated.

One of the key chapters in my new book is about cheap wind, and how market economics will soon make the case against fossil fuels airtight. Power purchase agreements for wind energy in the U.S. are being signed at $0.02/kWh. And here’s an article in phys.org that points out that the levelized cost of energy for a certain wind farm in Australia is just over half (56%) that of coal.

It’s data points like these that lead me to declare an early victory for renewables. People seem to forget that when a tipping point like this is reached, things change very quickly.

 

 

 

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