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Title: IEA Wind Task 26. Wind Technology, Cost and Performance Trends in Denmark, Germany, Ireland, Norway, the European Union, and the United States. 2007 - 2012

This report builds from a similar previous analysis (Schwabe et al., 2011) exploring the differences in cost of wind energy in 2008 among countries participating in IEA Wind Task 26 at that time. The levelized cost of energy (LCOE) is a widely recognized metric for understanding how technology, capital investment, operations, and financing impact the life-cycle cost of building and operating a wind plant. Schwabe et al. (2011) apply a spreadsheet-based cash flow model developed by the Energy Research Centre of the Netherlands (ECN) to estimate LCOE. This model is a detailed, discounted cash flow model used to represent the various cost structures in each of the participating countries from the perspective of a financial investor in a domestic wind energy project. This model is used for the present analysis as well, and comparisons are made for those countries who contributed to both reports, Denmark, Germany, and the United States.
 [1] ;  [2] ;  [2] ;  [3] ;  [4] ;  [4] ;  [5] ;  [5] ;  [6] ;  [7] ;  [7] ;  [8] ;  [9] ;  [9] ;  [9]
  1. Ea Energy Analyses, Copenhagen (Denmark)
  2. Deutsche WindGuard, Varel (Germany)
  3. Fraunhofer IWES (Germany)
  4. Dublin Inst. of Technology and Dublin Energy Lab (Ireland)
  5. Norwegian Water Resources and Energy Directorate (NVE), Oslo (Norway)
  6. European Commission, Ispra (Italy). Joint Research Centre
  7. National Renewable Energy Laboratory (NREL), Golden, CO (United States)
  8. Belyeu Consulting, Tacoma Park, MD (United States)
  9. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
Publication Date:
OSTI Identifier:
Report Number(s):
DOE Contract Number:
Resource Type:
Technical Report
Research Org:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org:
International Energy Agency (IEA), Paris (France)
Contributing Orgs:
Ea Energy Analyses; Deutsche WindGuard; Fraunhofer IWES; Dublin Institute of Technology and Dublin Energy Lab; Norwegian Water Resources and Energy Directorate (NVE); Joint Research Centre, European Commission; Belyeu Consulting; Lawrence Berkeley National Laboratory
Country of Publication:
United States
17 WIND ENERGY; wind energy economic analysis; Internatinal Energy Agency; Task 26; Cost of Wind Energy