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
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
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IMAGE: Artist s conception of polar vortices moving in ferroelectric material. These small groupings of atoms must be excited with high-frequency electric fields to move, but studying their behavior may lead to. view more
Credit: Ellen Weiss/Argonne National Laboratory
Our high-speed, high-bandwidth world constantly requires new ways to process and store information. Semiconductors and magnetic materials have made up the bulk of data storage devices for decades. In recent years, however, researchers and engineers have turned to ferroelectric materials, a type of crystal that can be manipulated with electricity.
In 2016, the study of ferroelectrics got more interesting with the discovery of polar vortices essentially spiral-shaped groupings of atoms within the structure of the material. Now a team of researchers led by the U.S. Department of Energy s (DOE) Argonne National Laboratory has uncovered new insights into the behavior of these vortices, insights