3 ms·
There's the cost per MWh generated and the cost to build the plant. Once you build wind, the marginal cost of each kWh is very cheap. In the UK Gas is about 10
by iso1631 4y ago
There's the cost per MWh generated and the cost to build the plant. Once you build wind, the marginal cost of each kWh is very cheap.
In the UK Gas is about 10 times the price per kWh than offshore wind, and that's before the latest price hikes. Wind being £48 per megawatt hour ($56).
https://www.carbonbrief.org/analysis-record-low-price-for-uk-offshore-wind-is-four-times-cheaper-than-gas/ https://www.carbonbrief.org/analysis-record-low-price-for-uk...
2.6GW and a load of 44% would be 10,000 GWh per year. Over 20 years that's 200 billion kWh for 10 billion dollars, or 5 cents per kWh (plus maintenence/operational costs).
For the cost to build for a 2.6GW plant -- in the UK the Beatrice extension in 2019 cost £2.6b for 588MWh, so £11.4b or $13.5b for 2.6GW, so the price doesn't seem out there.