New Lazard Study: Wind Costs Down, Competitiveness Up
A November 2017 report by U.S. investment firm Lazard shows that wind energy costs continue to track lower across the globe. Since 2009, the unsubsidized levelized cost of energy (LCOE) for onshore utility-scale wind energy has decreased by 67 per cent. This is an ongoing trend. Just since last year’s report, levelized costs have declined by about 6 per cent.