2 ms·
There is a lot of ignorance in this post. But just to counter your litmus test, here's the first obvious example I can think of: https://www.edpannualreport.e
by alphydan 9y ago
There is a lot of ignorance in this post. But just to counter your litmus test, here's the first obvious example I can think of:
https://www.edpannualreport.edp.pt/en/key-numbers https://www.edpannualreport.edp.pt/en/key-numbers
with over 70% of renewable energy generation, the equivalent of a couple small nuclear plants in wind capacity (10GW) ... they are making hundreds of millions (sometimes billions) in profit. They are one of the largest wind turbine operators in the world and know how to evaluate an energy project. The key number is $/kWh over the whole lifetime of the project (including CAPEX, OPEX, financing, decommissioning, etc). This is called LCOE or levelized cost of energy. Over the lifetime of the machine, they make a lot of money.
For your information, other companies investing heavily (and profitably) in operating wind turbines are Iberdrola, Enel GreenPower, Dong Energy, etc (all billion $ operations)