Between June and July, the market prices for onshore and offshore wind both increased dramatically, reaching 0.278 Euro/kWh and 0.287 Euro/kWh, respectively owing to an exponential increase in demand. Procurement Resource provides latest prices of Wind Energy.
The learning curve method was further combined with the LCOE models to calculate and forecast the wind power generation costs in China [29, 31, 33, 57, 58]. A report from the International Energy Agency (IEA) projected that the LCOE of China''s onshore wind would be USD 0.030 to USD 0.058 kWh −1 (about CNY 0.21 to CNY 0.40 kWh −1) in 2020.
Results indicate that the total onshore wind potential amounts to 54.0 PWh. The average levelized cost of wind power is expected to decline from CNY 0.39 kWh−1 in 2020 to CNY 0.30 and CNY 0.21 kWh −1 in 2030 and 2060. 28.3%, 67.6%, and 97.6% of the technical potentials hold power costs lower than coal power in 2020, 2030, and 2060. 1. Introduction
Onshore wind''s official market prices in January under Germany''s EEG system were 128.86 Euro/MWh. Between June and July, the market prices for onshore and offshore wind both increased dramatically, reaching 0.278 Euro/kWh and 0.287 Euro/kWh, respectively owing to an exponential increase in demand.
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