Monday, October 29, 2012

Wind is cheaper than new coal

Cape Times: Wind is the now the cheapest form of electricity generation, with an average price of 89c a kilowatt hour compared to 97c/kWh for Eskom's new coal-fired power stations. This was said by Roger Price, chief executive officer of Windlab, an international wind energy company that is investing in wind energy in South Africa. "The costs are unlikely to go up because, unlike coal, there are no input costs as wind is free,' Price said. When comparing the prices of electricity generation for wind and coal,...

URL: http://www.iol.co.za/scitech/science/environment/wind-is-cheaper-than-new-coal-1.1412335#.UI3pj4XHQ7A
Enclosure: http://www.iol.co.za/polopoly_fs/iol-scitech-oct-25-renewable-energy-1.1412334!/image/170619330.jpg_gen/derivatives/box_300/170619330.jpg

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