Wind Energy Is Now Lowest-Cost Option for Electricity in Canada

Wind Industry Profile of

Wind energy is now the lowest-cost option for new electricity generation in Canada

News about record-low costs tops the 2017 year-end review of wind energy in Canada. In December, a competitive electricity-supply auction in Alberta yielded the lowest-ever price paid for wind energy in Canada (weighted average of $37 / MWh) and also made wind energy the lowest-cost option for new electricity generation in the country. This came on the heels of a major U.S. study which found that wind power costs had plunged 67 percent between 2009 and 2017. In terms of new development in 2017, utilities and developers energized 10 new wind energy projects in Nova Scotia, Ontario, and British Columbia, collectively bringing enough new clean electricity online to meet the needs of more... ... More: Official Press Release CanWEA

Keywords:

Canada, wind energy, electricity, low price