In 2010 windturbines have reached enough technological maturity to be able to compete with other traditional sources of energy in the electricity generation market.
This represents a huge advantage within the energy sector, particularly within the renewable energy sector.
This mature technology allows manufacturers to benefit from the economies of scale, reducing production costs and increasing margins.
Consequently, nowadays wind farms are being profitable even without taking tariffs into account.
ABOUT THE AUTHOR
The author of this blog, A. Munuera González, is Aeronautical Engineer by the Polytechnic University of Madrid, International MBA by IE and Executive Master in Project Management of Renewable Energy Projects by EOI.