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!

Best answer:

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.

Know better? Leave your own answer in the comments!

2 Responses to What is the price of wind energy electricity?

  1. Bush Philosopher says:

    There’s no easy answer. I think the wholesale cost of wind-generated electricity is around $ 70/MWh, compared to about $ 40/MWh for coal-fired electricity (of course this does not take into account the damage done to the environment by the coal-fired power station). BUT, it is very dependent in things like the price of steel, which is always going up and down, and the cost of credit (ditto). Other variables are things like the quality of the wind resource at the particular site and how many conditions the wind farm has to take into account before it can put the power into the grid. The cost of off-shore wind turbines is about twice that of on-shore; etc. etc.

  2. Alexis says:

    I don’t get it…

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