The use of wind energy World wide demand for wind turbine generators grows annually. 2005 was a record year for new installations in Canada. By April 2006, enough wind energy was produced in Canada to power nearly 300,000 homes. The wind power industry world wide now produces more than $9 billion USD, a number that climbs yearly as more alternative sources are sought. Wind Energy and its costs Wind Energy Costs are determined by: the initial cost of the wind turbine installation
the interest rate on the money invested
the amount of energy produced
It is important to know the area you plan to put a wind turbine in. Too little wind will generate electricity which is more expensive than an area with more wind. Therefore, the consistency of the wind at a potential site is very important. Wind turbine generators generally cost upwards of $2000 per kilowatt for wind farms that use multiple large units. Smaller units can cost up to $3000 per kilowatt. In good wind areas, the costs of generating electricity range between five and ten cents per kilowatt hour. Currently that cost is higher than the costs of tradtional electricity, but bear in mind that wind energy costs continue to decrease yearly while most conventional generation costs continue to increase. Wind Energy Benefits Why is Wind Energy desireable?
1. it's a pollution-free 2. no other sources are required to run it 3. greenhouse gas emitions are non-existent 4. there are no bi-products or wastes There is no environmental impact to wildlife.
Very little land reclimation is required for wind turbines, therefore leaving land available for wildlife, farming, or other uses.
Residual income is realized as landowners are often receive payment for the use of their land.
Each megawatt-hour of electricity that is generated by wind energy helps to reduce the Greenhouse gas emissions by nearly 1.0 tonne which are produced by coal or diesel fuel generation each year. contact us |