On Tuesday during WINDPOWER 2016 in New Orleans, CEO of the American Wind Energy Industry (AWEA) Tom Kiernan and Vestas CEO Chris Brown said that wind power is well-positioned now but the industry has five years to get costs down enough so that unsubsidized wind power is cheaper than gas and solar.
Brown told the audience that after 2021, if costs are not low enough, wind will face a “valley of death” during which very few projects will be built.
