Investment in wind energy has never looked so promising with a new study conducted by the leading experts in wind power at the Lawrence Berkeley National Laboratory. “Wind has experienced accelerated cost reductions in recent years, both onshore and offshore, making previous cost forecasts obsolete.” said Ryan Wiser, senior scientist at Berkeley Lab. They now anticipate between 17-35 percent cost reduction by 2035, and 50% reduction by 2050. In fact, it is quite possible that cost reductions of could be even greater: 38-53% by 2035, and 54-64% by 2050. Helping to save the green of the planet and the pocket.
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