Windlab CEO says S African wind power cheaper than new coal-fired plant output
Oct 29, 2012 - The price of wind electricity generation in South Africa is lower than that of new coal-fired power plants, the head of Australian firm Windlab told Cape Times in an interview.
Roger Price, the chief executive of the wind energy company that invests in South Africa, told the daily that the price of wind power in the second round bids in the country's renewable energy auction fell to ZAR 0.89 (USD 0.10/EUR 0.08) per kWh on average, compared with a price of ZAR 0.97 per kWh announced by local power utility Eskom for the electricity produced at two new coal-fired plants.
Price added that the price of wind power generation was not likely to rise because it required no input costs, unlike coal. He also noted that South Africa had very good wind resources, according to the Council for Scientific and Industrial Research’s wind atlas, and wind generation could account for 25% of electricity generation in the country by 2030.