Wind energy is finally competive with conventional energy source and experts say the U.S. has the potential of being the "Saudi Arabia of Wind."
"When electricity generated by wind energy first came into use in the early 1980s, it cost up to 38 cents per kilowatt-hour." Now costs have come down to the 5- to 6-cent [per kilowatt-hour] range. "This huge drop is due to a number of factors, say energy experts.'Costs are going down, natural gas prices are going up, the technology has improved, and consumers are becoming more interested in clean energy... Wind experts call the United States "the Saudi Arabia of wind" because of its vast potential, particularly across the plains of the Midwest. Federal studies estimate that the United States could potentially derive 10 to 20 percent of its electricity supply through wind farms."
Thanks to Abhijeet Chavan
FULL STORY: Answer to U.S. Energy Crisis Blowing in the Wind
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research