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February 14 2013

Wind power is now cheaper than coal in some countries


When many countries are choosing their next generation of power stations, they will be tempted to pick wind turbines. Thanks to better design, building wind farms can now be cheaper than building new coal or gas power stations.

Figures from Bloomberg New Energy Finance show that this is already the case in Australia. Any wind farms built now would generate electricity for between A$80 (about US$80) and A$113 per megawatt-hour, whereas new coal plants would cost A$176/MWh.

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