danielpalos
Diamond Member
- Banned
- #341
Capital intensive costs should go down, once the infrastructure is established.What’s the True Cost of Wind Power?
California is one of the most aggressive in pushing so-called Renewable Portfolio Standards (RPS), requiring the state to consume 33% of its electricity from renewables by 2020. Overall electricity prices in states with RPS are 38% higher than those without, according to the Institute for Energy Research, a non-profit research group that promotes free markets.
The cost of building new transmission lines ranges from $15 to $27 per megawatt-hour.
federal and state policies add an average of $23 per megawatt-hour to the cost of wind power.
The best estimate available for the total cost of wind power is $149 per megawatt-hour, taken from Giberson’s 2013 report.
Doesn't seem like wind is very cheap to me