Wind Power Cost Depend on Project Size
Tuesday, February 2nd, 2010The cost depends upon the project size, purchase agreement construction contracts, type of machines, and the projects location as well as other related factors. How much does a wind turbine cost can be answered partially. Cost components for wind turbines which are distinct from commercial scale wind turbine as outlined above. The cost includes wind resource assessment, site analysis expenses, the freight of the turbine and its price, as well as tower, construction expenses, interconnection studies, utility system upgrades, protection, transformers, as well as metering equipment, operations, warranty, maintenance, repair, insurance, legal and consultation fees, etc. Other factors which have an impact on your project economics are financing costs, the size of the project and applicability of taxes. You still won’t get a sufficient amount of energy with less annual wind speed than 8 mph. Also, you should be sure you have the space to build the windmill. The $200 investment doesn’t take renting space or paying someone to clean out your garage into account. Make sure you do. The cost of wind power is going to be what saves many people from the rising costs of oil and energy. Hundreds of thousands have already taken advantage of this and many of them have done so very recently. Though mankind has harnessed the wind for centuries to produce energy, interest in this method of power generation has recently intensified as a result of both increases in conventional energy costs and the debate over the extent of humanity’s responsibility for climate change. Turbines has a shaft that is perpendicular to the ground and requires a larger ‘footprint’ to secure the tower on ground. The components of a small wind system include the 1) rotor consisting of blades and shaft; 2) the generator/alternator producing electricity from the turbine rotor; 3) the gearbox used to match rotor speed to the generator; 4) the nacelle protects the generator/alternator and 5) the tail vane of Yaw system used to align a HAWT with the wind however some yaw systems can be offset from the vertical axis. Source: Wind Turbines