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Home  > Research Focus  >  Renewable Power  >  Comparative Cost of US Renewable Power Generation: 2011

Comparative Cost of US Renewable Power Generation: 2011

December 19, 2011

Key trends in this Data Insight include:

  • Wind costs have been falling steadily since 2008 and are projected to decrease a further 10% by 2014. 
  • Solar photovoltaic (PV) cost reductions fell quickly between 2007 and 2011, with non-firm prices 65% lower than 2005 levels. 
  • Gas prices to remain low as the US shale gas supply is permanently changing the US supply curve for gas.

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