Wind Power Costs Are Almost Exactly The Same As Natural Gas New Study Shows

The electricity costs of wind energy and natural gas are virtually identical when the price of carbon emissions is included, according to a new study on the federal tax credit for wind power. Researchers at Syracuse University and the University of California found that the true cost of electricity for wind is 9.2 cents per kWh compared to 8.85 cents per kWh for gas. Without a pricing mechanism for carbon emissions through a carbon tax or cap-and-trade scheme, the researchers argue that the recently-expired Production Tax Credit (PTC) levels the playing field for the American wind industry.

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Post tags: "wind power", carbon emissions, carbon price, cost competitive, Electricity, gas, kwh, natural gas, PTC, wind energy, Wind Production Tax Credit