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Annual Wind Power Report Confirms Technology Advancements, Improved Project Performance, and Low Wind Energy Prices

Wind energy pricing for land-based, utility-scale projects remains attractive to utility and commercial purchasers, according to an annual report released by the U.S. Department of Energy and prepared by Berkeley Lab. Prices offered by newly built wind projects in the United States are averaging around 2¢/kWh, driven lower by technology advancements and cost reductions.