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In Parts of India, Wind Energy Proving Cheaper than Coal
July 26, 2012 By Nicholas Brown 4 Comments
Clean Technica (In Parts of India, Wind Energy Proving Cheaper Than Coal)
In Parts of India, Wind Energy Proving Cheaper Than Coal
Now that it's cheaper than coal, it should replace coal. If this is so then wind power at least in India is going to become a very large percentage of the market. This is what we have been waiting for!
July 26, 2012 By Nicholas Brown 4 Comments
Due to the cost of rising coal prices and a decrease in the cost of wind power (which has dropped considerably in recent years), the cost of wind power in some parts of India has fallen below that of electricity from coal power plants (not even taking health or global warming externalities into account).
A wind farm in Maharashtra, India
The cost of wind power is primarily dependent on the average wind speed in the location where wind turbines are to be installed. It is also dependent on the cost of labour required to install and maintain the wind turbines. Another factor that affects the cost of wind farm electricity is the initial price to buy the turbines.
This cost improvement mentioned above is due to increased turbine efficiency in recent years, and the increasing viability of generating electricity at lower wind speeds, according to Greenko Group Plc.
“Today we’re able to supply energy below the cost of conventional power,” said Mahesh Kolli, president of Greenko, which is building wind projects with General Electric Co. in India. “That’s the key development for this year.”
Clean Technica (http://s.tt/1j7VU)
Clean Technica (In Parts of India, Wind Energy Proving Cheaper Than Coal)
In Parts of India, Wind Energy Proving Cheaper Than Coal
Now that it's cheaper than coal, it should replace coal. If this is so then wind power at least in India is going to become a very large percentage of the market. This is what we have been waiting for!
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