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Australia Wind Energy Cheaper Than Coal, Natural Gas, BNEF Says

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Wind is now cheaper than fossil fuels in producing electricity in Australia, the world’s biggest coal exporter, according to data compiled by Bloomberg. Electricity can be supplied from a new wind farm in Australia at a cost of A$80 ($84) per megawatt hour, compared with A$143 a megawatt hour from a new coal-fired power plant or A$116 from a new station powered by natural gas when the cost of carbon emissions is included, according to a Bloomberg New Energy Finance report....

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