Wednesday, May 27, 2009

Recent Wind costs

From: Finance and Commerce
Otter Tail Power seeks federal stimulus aid for 50-megawatt wind farm
Fergus Falls-based Otter Tail Power Co. has announced plans to begin a $110 million expansion of its wind-energy capacity by building the 49.5-megawatt Luverne Wind Farm in eastern North Dakota.

Otter Tail plans to install wind turbines for the project and build a 13-mile high-voltage transmission line, hooking the development’s power up to the electric grid by the end of 2009.

1 comment:

Barry Brook said...

50 MW peak = 20 MW delivered at very generous 40% capacity factor (assume this is being built in a highly favourable location, e.g. 8m/s average)

$110M for 20 MW = $5.5 billion/GW delivered

Increase cost by 50% for a moderate quality site (7m/s).

Does the $110M include cost of the planned transmission line?

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