Wind is now cheaper than fossil fuels in producing electricity in Australia, the world’s biggest coal exporter, according to data compiled by Bloomberg.
Electricity can be supplied from a new wind farm in Australia at a cost of A$80 ($84) per megawatt hour, compared with A$143 a megawatt hour from a new coal-fired power plant or A$116 from a new station powered by natural gas when the cost of carbon emissions is included, according to a Bloomberg New Energy Finance report. Coal-fired power stations built in the 1970s and 1980s can still produce power at a lower cost than that of wind, the research shows.
See full Article: http://www.bloomberg.com/news/2013-02-06/australia-wind-energy-cheaper-than-coal-natural-gas-bnef-says.html
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