Industry News




 

08/14/2013

Wind Energy Costs Near All-Time Low

 
Annual wind power additions boomed to a record level last year.

Annual wind power additions boomed to a record level last year while prices plummeted close to an all-time low, according to a new DOE report by Lawrence Berkeley National Laboratory.

About 13.1 gW of new wind power capacity were added to the grid in 2012, due in large part to federal tax incentives scheduled to expire at the end of that year. At the same time, projects negotiating contracts with utilities averaged a price of $40 per mWh, which spurred demand. In fact, the cost of wind energy now rivals the lows set in 2003, especially in the central U.S.

However, low gas prices and continued policy uncertainty are creating headwinds for the industry, though a short-term extension of the tax incentives has delayed their expiration.

Other revelations in the study include:

  • Wind power comprised 43% of all new electric capacity additions in the U.S. in 2012.
  • Since 1998-99, the average capacity of wind turbines installed in the US has increased by 170%, reaching 1.94 mW in 2012. Additionally, the average turbine hub height has increased to 94 meters (a 96% jump). This means it has become more economical to build projects in areas with lower wind speeds.
  • Turbine prices have fallen 20-35% from their 2008 highs, pushing project costs down almost $200 per kW from the reported average cost in 2011.
 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Mitsubishi Electric Cooling & Heating’s new H2i R2-Series heat pumps provide year-round comfort, even in extreme climates. With 100% heating capacity down to 0° F outdoor ambient and simultaneous heating and cooling down to -4° F, our hyper-heating systems bring highly responsive multi-zone comfort to your projects, regardless of climate zone.

http://news.mehvac.com/hhlaunch/


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Mitsubishi Electric Cooling & Heating’s new H2i R2-Series heat pumps provide year-round comfort, even in extreme climates. With 100% heating capacity down to 0° F outdoor ambient and simultaneous heating and cooling down to -4° F, our hyper-heating systems bring highly responsive multi-zone comfort to your projects, regardless of climate zone.

http://news.mehvac.com/hhlaunch/


 
02/27/2015

Design is low-cost and green while providing more energy storage.

02/26/2015

LEED, IgCC, Standard 189.1 will work in harmony.

02/25/2015

Standard 189.1 seeks to expand renewable energy definition.

02/24/2015

Efficient construction techniques improve housing affordability.

02/23/2015

Guidance to improve energy efficiency of all aspects of data center operation.

02/20/2015

Model shows new technology could keep buildings standing after disasters.

02/19/2015

Expected to produce 550 megawatts of renewable energy.

02/18/2015

Best practices for infection prevention linked to hand irritation.

02/17/2015

State policies may not cut greenhouse gas emissions.

02/16/2015

New materials could cut initial costs for solar technology.

02/13/2015

Fannie Mae recognizes value of sustainable design.

02/12/2015

Localized technology could dramatically cut HVAC energy usage.

02/11/2015

Government energy consumption continues its decline.

02/10/2015

Study shows renewable option has economic potential.

02/09/2015

Proposed guideline would standardize collision deterrence testing.

02/06/2015

Illinois repeats as top state for green-certified buildings.

02/05/2015

New system to help FMs find the greenest products.

02/04/2015

Combination of cyber and physical measures to prevent electricity theft.

01/30/2015

Hotel, office facilities sectors expected to see big growth.

01/29/2015

Electricity-saving upgrades for vertical transportation.

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