IEA Wind Task 26: The Past and Future Cost of Wind Energy, Work Package 2
Over the past 30 years, wind power has become a mainstream source of electricity generation around the world. However, the future of wind power will depend a great deal on the ability of the industry to continue to achieve cost of energy reductions. In this summary report, developed as part of the International Energy Agency Wind Implementing Agreement Task 26, titled 'The Cost of Wind Energy,' we provide a review of historical costs, evaluate near-term market trends, review the methods used to estimate long-term cost trajectories, and summarize the range of costs projected for onshore wind energy across an array of forward-looking studies and scenarios. We also highlight the influence of high-level market variables on both past and future wind energy costs.
- Publication Date:
- OSTI Identifier:
- Report Number(s):
- DOE Contract Number:
- Resource Type:
- Technical Report
- Research Org:
- National Renewable Energy Laboratory (NREL), Golden, CO.
- Sponsoring Org:
- USDOE Office of Energy Efficiency and Renewable Energy Wind and Water Power Program
- Country of Publication:
- United States
- 17 WIND ENERGY; ELECTRICITY; ENERGY ACCOUNTING; INTERNATIONAL ENERGY AGENCY; MARKET; TRAJECTORIES; WIND POWER; COST WIND POWER; ELECTRICITY GENERATION; TASK 26; ONSHORE WIND ENERGY; Energy Analysis; Wind Energy
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