Wind Power Cost

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Wind Power Cost

Designed to complement or even replace conventional power stations, wind farms supply power to the grid for distribution to domestic and commercial users.

Wind power plant costs can be slashed by large amounts, if proper financial management is done for them.

Wind powered turbines represents more than just competitive electricity. It offers: rural economic profits from project development; a hedge against changeable natural gas prices and planned use of imported liquid natural gas; cost-effective clean air compliance option for businesses and communities; strong future partner for other domestic power industries including coal and nuclear; and an inexhaustible option for producing hydrogen for transportation fuels.

A drawback to wind power is that the wind can be erratic, changing direction by the hour.

Wind energy systems are way more eco-friendly than a conventional power plant, like a coal plant. The latter releases harmful global-warming gases (with greenhouse effects) that considerably pollute the atmosphere.

The ownership of the wind energy system by a utility service, as opposed to individual ownership, can also pull down costs by large amounts.

A consistent wind, with average speeds of approximately 11 miles per hour is required to make a wind energy system feasible.

Wind power is expected to fall to around 2¢ per kWh by 2005.

Any home owner may very easily build a small wind turbine, or a number of them, to generate all or part of their required power.

Wind energy is a homegrown energy source that can contribute to national energy security by shrinking a countries dependence on oil and natural gas, most of which are imported from other countries. In addition, unlike most other electricity sources, wind power turbines don't consume water.

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