provides an overview of developments and trends in the U.S. wind power market for the 2022 calendar year.
The health and climate benefits of wind were impressive in 2022—with climate benefits contributing on average $99/MWh and health benefits contributing $37/MWh. When combined with the $32/MWh grid-system value of wind energy—that is, the value of the services wind energy provided to the grid, calculated based on market prices where and when wind energy was generated—the total value of wind energy is $168/MWh.
The health benefits of wind were estimated in a similar manner. The monetized value of avoided SO2 and NOx emissions due to using wind energy was estimated by multiplying the amount of avoided pollutants by dollars of health damage per ton of emitted SO2 and NOx, as estimated by the Environmental Protection Agency.
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