Wind power costs have dropped at 2-4x the pace expected in 2015. We're still substantially underestimating future wind power cost declines, IMHO. nature.com/articles/s41560-0…

May 5, 2021 · 4:19 PM UTC

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Replying to @ramez
What about the final key component to renewables power storage?
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Storage is plunging in price at a pace similar to, or even faster than, solar.
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Replying to @ramez
How will we see the biggest gains in wind energy in the near future? What new technology or process is on the horizon?
Replying to @ramez
Many people have also missed that, when the prices of renewables fall below fossil, renewables start competing amongst themselves. That will produce innovation, and price decreases, that outpace what we have seen thus far.
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Replying to @ramez
Vaclav Smil doesnt seem to buy this... privatebank.jpmorgan.com/con…
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Vaclav Smil has been consistently wrong about renewables. Why is he listened to? He's a historian of energy. He's not been effective or accurate as a forecaster.
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Replying to @ramez
Wind energy harvest ∝ (rotor length)^2. If u underestimate growth in rotor length --> also underestimate nacelle height (higher = faster wind) --> hugely underestimate in wind harvest for WTGs with marginally higher cost! #wind
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Replying to @ramez @hausfath
But this from the Lazard 2020 report. Why do the numbers not match?
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You're right, and I'm not sure why. I suspect the 2014 baseline value used for comparison is higher than Lazsard's 2014 LCOE value? But I can't find the concrete 2014 LCOE figure in the article.