What is the price of wind energy electricity?
Question by : What is the price of wind energy electricity?
I would like to compare the price of wind energy, either the cost of one unit of electricity or the cost of a turbine ect. against the rising prices of oil, to see whether wind energy is a sensible investment. All figures have to be accurate, any websites I could find this information on I would be very very grateful for! thanks!
Answer by Siemens vs. Alstom
Wind energy is free.
The actual cost is capital, profit and maintenance.
Capital is the cost of the wind turbines + land. You have to find out specific cost of land of your area and find out how much the wind turbines cost. When you add these two costs together, you divide them by the generating capacity of the wind turbine(s) and find out your capital cost/MW or kW.
Profit is decided by you. Remember to add taxes.
Maintenance is highly variable depending on the turbines, the size of your generating facility. Bigger = better due to efficiency of scale. This includes spare parts, staff pay, insurance, etc.
You really have to talk to a person in the field that will examine your costs, and give you a price for maintenance.
Talk to a manufacturer and real estate agent about capital costs.
Profit is usually the maximum price for which your electricity will be bought minus all your costs.
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