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Press2010, News

Wind energy reduces electricity prices, says independent study


Wind power reduces electricity prices and CO₂ emissions, a study published today by the European Wind Energy Association (EWEA) reveals.




Wind power replaces CO₂ -intensive production technologies, the report finds. The technology that sets the price on the wholesale market is usually hard coal. Wind replaces hard coal power plants during hours of low demand and gas-fired power plants during hours of high demand in all the countries the report analysed.

Wind’s impact comes about because its low marginal costs pushes more expensive technologies, such as gas and thermal plants, out of the market.

To download the Wind Energy and Electricity Prices report please click <media 7937>here</media>.