The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
Why States That Produce More Wind Energy Have Lower Power Prices
The organization determined this by comparing the states that get more than 7 percent of their electricity from wind with the rest of the nation. Prices in those states—Texas, Wyoming, Oregon, Oklahoma, Idaho, Colorado, Kansas, Minnesota, North Dakota, South Dakota and Iowa—dropped by 0.37 percent over the last five years. The rest of the U.S. experienced a 7.79 percent increase during the same period.
“During last month’s cold snaps, we saw very high wind energy output play a critical role in protecting consumers across the country from skyrocketing energy prices," said Michael Goggin, senior electric industry analyst at AWEA. "This study confirms that wind energy is providing that benefit every day."
AWEA's report combines data from 15 others around the country that all point toward lower prices accompanying the deployment of wind energy. For example, Massachusetts reported a three-to-one, benefit-to-cost ratio in its state, producing annual net benefits of about $217 million. A Synapse Energy Economics analysis discovered that large investments in wind energy in the Midwest would reduce power-supply costs by $3 billion to $9.4 billion per year—between $63 and $200 per customer per year after accounting for the cost of transmission.
"No other major source of energy can offer that kind of price stability," Goggin said. "Diversifying our energy mix with zero fuel cost, zero emission wind energy is a win-win for consumers and the environment.”
Another study used by AWEA, from Navigant Research showed that 72 percent of U.S. residents support wind power.
“With the drastic cost declines over the last few years, wind energy offers consumers a great deal today," Goggin said. "That deal will only get better with time because that low price is locked in for the life of the wind project, as the fuel will always be free.
Visit EcoWatch’s RENEWABLES page for more related news on this topic.
EcoWatch Daily Newsletter
By Bijal Trivedi
The Centers for Disease Control and Prevention (CDC) released a report on Nov. 13 that describes a list of microorganisms that have become resistant to antibiotics and pose a serious threat to public health. Each year these so-called superbugs cause more than 2.8 million infections in the U.S. and kill more than 35,000 people.
By Joe Vukovich
Under the guise of responding to consumer complaints that today's energy- and water-efficient dishwashers take too long, the Department of Energy has proposed creating a new class of dishwashers that wouldn't be subject to any water or energy efficiency standards at all. The move would not only undermine three decades of progress for consumers and the environment, it is based on serious distortions of fact regarding today's dishwashers.
By Emily Moran
If you have oak trees in your neighborhood, perhaps you've noticed that some years the ground is carpeted with their acorns, and some years there are hardly any. Biologists call this pattern, in which all the oak trees for miles around make either lots of acorns or almost none, "masting."
By Catherine Davidson
Tashi Yudon peeks out from behind a net curtain at the rooftops below and lets out a sigh, her breath frosting on the windowpane in front of her.
Some 700 kilometers away in the capital city Delhi, temperatures have yet to dip below 25 degrees Celsius, but in Spiti there is already an atmosphere of impatient expectation as winter settles over the valley.