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New Bloomberg Research Shows Wind Energy in Australia is More Cost-Efficient than Coal

power

Industry Segment: Power | Word Count: 468 Words

PERTH, AUSTRALIA--February 27, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--Wind power in Australia has become cheaper for electricity generation than the key fossil fuels of coal and natural gas, following the introduction of the carbon tax. The BNEF research on Australia shows that the cost of wind generation has fallen 10% since 2011. Industrial Info is currently tracking 122 windfarm projects across Australia and New Zealand in varying stages of development totalling more than $44 billion in investment value.


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