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Wind continues to increase competitiveness

Wind continues to increase competitiveness
4

19 April 2012 Green Economy
]]fall in wind turbine prices.

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A study conducted by Bloomberg New Energy Finance shows that in the second half of 2011, wind turbine prices fall 4 percent according to the previous half. [

According to the data that the company has been prepared twice a year and published in the sixth of the 2013 delivered in the second half of 2011, the costs per MW of turbine supply agreements back to 0.91 million euros. This figure took place in 2009 as 1,21 million euros per MW as the highest level of the last five years.

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The explanation on the study was indicated that the price drop in the old-model turbines, reaching 10 percent according to the previous half of the year. However, it continues in price declines in new turbines that provide much higher efficiency and capacity factor.

is another point that Chinese turbine manufacturers have developed in a very diverse geography like Brazil, Chile, Ecuador, Pakistan, Ethiopia and Australia.

A study conducted between turbine manufacturers and suppliers in the scope of study by BNEF shows that the price drop in the industry will continue in 2012-2013 and predicted that in 2014, the toparation will be seen in prices.

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Source: News