3 ms·
You are lumping together the transmission and generation costs, which will have different service lifetimes. Wind turbines are 30+, but advances in technology
by epistasis 3y ago
You are lumping together the transmission and generation costs, which will have different service lifetimes.
Wind turbines are 30+, but advances in technology and falling costs have incentivized many wind farms to repower with bigger turbines far before the end of service life in order to increase profitability.
- JumpCrisscross 3y ago> lumping together the transmission and generation costs, which will have different service lifetimes Sure, it’s back of the envelope. If you have more precise figures I’m genuinely curious.
- mikeyouse 3y agoAn adjacent 350MW project from the same owners has a 46% capacity factor and signed a 20-year agreement for $0.04/kWh (they did qualify for the PTC so their 'real' cost is $0.06/kWh) - this project will surely be well under $0.10/kwh wholesale as well: > In the event Red Cloud qualifies for 100 percent of the PTC, the energy price will be reduced by $2.00 per MWh and the new energy price will be $41.00 per MWh. The price for Test Energy will be reduced to $30.25 per MWh and Excess Energy will be reduced to $16.40 per MWh. https://clkrep.lacity.org/onlinedocs/2020/20-1217_misc_09-24-2020.pdf https://clkrep.lacity.org/onlinedocs/2020/20-1217_misc_09-24...
- epistasis 3y agoThe best estimate was the 50% in the comment with the original link, which would correspond to $120/mile for transmission, which IIRC is right in the correct ballpark.