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Experts’ Predictions for Future Wind Energy Costs Drop Significantly
Berkeley Lab-led study shows expected cost declines of 17%-35% by 2035 and 37%-49% by 2050
April 15, 2021
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Technology and commercial advancements are expected to continue to drive down the cost of wind energy, according to a survey led by Lawrence Berkeley National Laboratory (Berkeley Lab) of the world’s foremost wind power experts. Experts anticipate cost reductions of 17%-35% by 2035 and 37%-49% by 2050, driven by bigger and more efficient turbines, lower capital and operating costs, and other advancements. The findings are described in an article in the journal Nature Energy.
The study summarizes a global survey of 140 wind experts on three wind applications – onshore (land-based) wind, fixed-bottom offshore wind, and floating offshore wind. The anticipated future costs for all three types of wind energy are half what experts predicted in a similar Berkeley Lab study in 2015. The study also u
Experts Predict Accelerating Cost Reductions in Offshore Wind Study by wind energy researchers from Lawrence Berkeley National Laboratory and UMass Amherst shows expected cost declines of 17%–35% by 2035 and 37%–49% by 2050
April 15, 2021
Figure 1. Estimates of future levelized costs in best-guess scenario.
Figure 2. Estimated change in levelized costs across all three scenarios. Note: costs for floating offshore wind are compared to a 2019 baseline for fixed-bottom.
Figure 3. Anticipated growth in onshore and offshore turbine size.
AMHERST, Mass. – Wind energy experts, in a study by researchers at Lawrence Berkeley National Laboratory along with Erin Baker of the University of Massachusetts Amherst, predict significant reductions in the cost of wind energy by 2050, according to new research published today in the journal
Experts predictions for future wind energy costs drop significantly eurekalert.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurekalert.org Daily Mail and Mail on Sunday newspapers.
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