Climate clippings 54

Wind electricity to be fully competitive with natural gas by 2016

So says Stephen Lacey at Climate Progress:

The best wind farms in the world are already competitive with coal, gas and nuclear plants. But over the next five years, continued performance improvements and cost reductions will bring the average onshore wind plant in line with cheap natural gas, even without a price on carbon.

That’s according to Bloomberg New Energy Finance. They say that cost reduces by 7% for every doubling of installed capacity, while efficiency has steadily improved. Continue reading Climate clippings 54