Wind Power: To be Competitive with Natural Gas by 2016

OilPrize: Falling costs mean that the average onshore wind farm will be competitive with natural gas-fired power generation by 2016, according to Bloomberg New Energy Finance (BNEF). “And it is not going to stop: In the next few years the mainstream world is going to wake up to wind cheaper than gas, and rooftop solar power cheaper than daytime electricity. Add in the same sort of deep long-term price drops for power storage, demand management, LED lighting and so on, and we are clearly talking about - a whole new game.”

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