Saturday, 16 December 2017

South Africa: Wind Energy has become very cheap

Source: "The Cost of Wind Energy - Wind Fact Series 2017", SAWEA (South African Wind Energy Assocation), website - December 2017

Wind Energy has become very cheap. The actual average tariffs of wind energy have drastically declined since the first bidding window in 2011.

Reasons for price decline:
  • drop of technological component prices
  • technological advancements in wind harvesting
  • strong competition for low wind energy costs by IPPs


Download "The Cost of Wind Energy - Wind Fact Series 2017" here: http://www.sawea.org.za/images/Wind%20fact%20series_The%20Cost%20of%20Wind%20Energy.pdf