Wind turbine generator contract prices show the price in 2010 compared with 2008, in the second half of 2010 and 2011 delivered the first half of wind turbine prices will continue to be significantly reduced. According to Bloomberg New Energy Finance (BNEF) recently published the third phase of wind turbines price index (WTPI) shows that this decline by as much as 15%.
BNEF analysis shows that in 2008 signed the delivery of the first half of 2009 the price peaked turbine generator sets, the price reached 1.22 million euros / MW. However, due to the financing of wind power projects, the current oversupply of global wind power market, making 2010 the second half of 2010, signed in the first half of 2011, the delivery of wind power contract prices have fallen, the average price of 1.04 million euros / MW.
In addition, the recent being negotiated in the second half of 2011, reported out a contract to deliver the same price, there is no signal that the recent price rebound fan signs. Here’s the price including freight, but does not include VAT and all other construction costs.
The main wind turbine generator buyers expect in 2010 and 2011, prices will fall further, decreases were 4% and 1%, while the expected price rise will occur in 2013.
BNEF the wind observation services manager William Young said, “wind generators never expected the price so low, but the current excess supply situation will continue for a long time. Of course, this is not the wind turbine manufacturers are willing to look at to, but the industry is concerned, this will increase wind power and natural gas, coal and nuclear power more competitive.