Here is yet more evidence of the incredibly low prices wind power has achieved. And this data comes from the heart of Wall Street---Morgan Stanley to be precise:
“In the Midwest, we’re now seeing power agreements being signed with wind farms at as low as $25 per megawatt hour,” said Stephen Byrd, Morgan Stanley’s Head of North American Equity Research for Power & Utilities and Clean Energy at the Columbia Energy Symposium in late November. “Compare that to the variable cost of a gas plant at $30/MWh, the all-in cost to justify the construction of a new gas plant would be above $60/MWh.”
Wind power is a triumph for America's economy and environment, making Uncle Sam more competitive and cleaner.