At least in the US, electricity from wind is now cheaper than electricity from natural gas ($20/MWhr). Subsidies skew such results. The trends in wind power are for greater efficiency and lower prices, something that’s happening faster than expected as technology advances and adoption increases. Natural gas is not expected to see such benefits. These prices are similar to solar photovoltaic power, as well. The additional advantage is that adding solar or wind power generators is cheaper and quicker than adding fossil fuel power plants. As solar and wind become cheaper they’ll become more attractive, out-competing fossil fuels. Economies of scale will further drive down costs for renewables while making fewer fossil fuel customers carry more of the fossil fuel infrastructure costs. A cycle that feeds back to further the benefits of renewable energy over fossil fuel.
Pingback: Data That Matters August 2019 | Pretending Not To Panic