Solar Power Energy Generation

Cost Wind Energy Solar Power Energy Generation Guide

Cost Wind Energy Ratio Improving With New Technology

By J K Hellios

It might sound strange to talk about the cost wind energy ratio, considering wind energy is essentially free for the taking. This energy arrives every day, in some form or another, thanks to the heating of the earth’s surface from the sun. As the sun bounces off the uneven surface of the earth, air streams move between cooler and hotter regions, creating turbine wind energy from the wind blowing the turbine blades.

Initially, the generators wind power of the 1980s cost a high 30 cents per kilowatt-hour, but over the past few decades, the average wind power cost is 5 cents per kilowatt hour, making it competitive with the traditional electricity grid system.

Cost Of Fossil Fuels Will Continue To Increase

Researchers posit that, over the next ten years, the cost of fossil fuels will soon increase due to limited supplies and the cost of alternative wind energy will decrease to as low as 3.5 cents, due to better technology and more available wind farms.

Wind speed is one factor for cost wind energy figures. For instance, one 51 mega-watt wind farm has wind speeds of 7.15 miles per hour blowing through the turbine wind energy blades at a cost of 6 cents per kilowatt hour. At a comparable farm with wind speeds of 9.32 miles per hour, the cost is only 26 cents per kilowatt hour.

Size Of The Wind Farm Does Matter

The size of the local wind farm affects the price. For instance, the average 3 mega-watt farm delivers electricity at 59 cents per kilowatt hour, whereas a 51 mega-watt farm delivers it at just 36 cents per kilowatt hour, at a 40% decrease.

The cost wind energy estimates for commercial-scale wind turbines are still somewhat discouraging. Though they depend upon finance charges, purchase agreement, contractors, wind purchase design and location, the average price for a turbine wind energy project was between $1.2 million and $2.6 million per mega-watt in 2007.

Keeping Prices Lower WIth Larger Wind Power Plants

Most commercial-scale turbines were 2 mega-watts in size and cost $3.5 million to install. Some of the smaller farm or residential scale wind turbines at less than 100 kilowatts can cost between $3,000 and $5,000, so a 10 kilowatt machine needed to power an entire house would go from $35,000 to $50,000. However, federal and state government grants can pay for as much as 35% of the total purchase cost each.

Therefore, the ideal cost wind energy farm will have winds blowing at least 5 miles per hour at rates as low as 5 cents per kilowatt hour. The plant wind power will be emanating from a 50 MW power plant to keep output good and prices low. For residential alternative wind energy, there should be winds of at least 10 miles per hour to ensure the homeowner gets the most from his or her system.

Most homeowners taking advantage of wind power normally pay 10 cents or higher for their electricity, so they notice a substantial change in their monthly bills and have a system that pays for itself fairly quickly. While residential wind turbines have been installed in 47/50 states, the highest concentrations are located in the northeast and midwest.

About the Author:
J K Hellios has written a number of articles on solar power and renewable energy including Solar Powered Homes, Solar Powered Lights, Solar Powered Cars.
Keep a lookout for more articles available on this website soon.

Little Known Wind Power Facts.....

Wind energy has become a topic for debate. Though it costs quite a lot to initially set up the wind farms to power homes and businesses, in the long run it begins to pay off.

Many cities and countries around the globe are looking at ways they can help the Earth’s environment and using the wind is one of the best answers besides solar power. Fossil fuels cannot be relied upon for future use for heating and cooling your home. It is time to start thinking about using the wind as a source of energy.

 

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