How much does it cost per kwh for wind energy?
Category:
business and finance
power and energy industry
According to the federal Energy Information Administration, the "levelized cost" of new wind power (including capital and operating costs) is 8.2 cents per kWh. Advanced clean-coal plants cost about 11 cents per kWh, the same as nuclear. But advanced natural gas-burning plants come in at just 6.3 cents per kWh.
Also question is, how much does wind energy cost?
The costs for a utility scale wind turbine range from about $1.3 million to $2.2 million per MW of nameplate capacity installed. Most of the commercial-scale turbines installed today are 2 MW in size and cost roughly $3-$4 million installed.
Herein, how much does nuclear energy cost per kWh?
Nuclear energy averages 0.4 euro cents/kWh, much the same as hydro; coal is over 4.0 c/kWh (4.1-7.3), gas ranges 1.3-2.3 c/kWh and only wind shows up better than nuclear, at 0.1-0.2 c/kWh average.
Disadvantages of Wind Energy
- The Wind Fluctuates. Wind energy has a similar drawback to solar energy in that it is not constant.
- Wind Turbines Are Expensive. Although costs are reducing, wind turbines are still very expensive.
- Wind Turbines Pose a Threat to Wildlife.
- Wind Turbines Are Noisy.
- Wind Turbines Create Visual Pollution.