Experts Anticipate Significant Continued Reductions in Wind Energy Costs
Lawrence Berkeley National LaboratoryTechnology advancements are expected to continue to drive down the cost of wind energy, according to a survey of the world’s foremost wind power experts led by Berkeley Lab. Experts anticipate cost reductions of 24%–30% by 2030 and 35%–41% by 2050, under a median or ‘best guess’ scenario, driven by bigger and more efficient turbines, lower capital and operating costs, and other advancements