Nicade Gokey, Zach Terzian, Zack Bloomer. US – $30 Billion in federal subsidies NY- $160...
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Transcript of Nicade Gokey, Zach Terzian, Zack Bloomer. US – $30 Billion in federal subsidies NY- $160...
Wind Power
Nicade Gokey, Zach Terzian, Zack Bloomer
US – $30 Billion in federal subsidies
NY- $160 Million to be spent this year alone
Current Investment In Wind Power
Increased capacity factor allows for most amount of
energy possible being produced while also decreasing costs
Rotor size has increased by 30 meters on GE's predominant turbines from 70 meters to 100
Breakthroughs in turbine control have led to being able to handle more turbine thrust than ever before
Now reliable manufacturing of gearbox compenents allows the wind industry to grow at a much quicker and more reliable rate allowing for more energy production
Recent Wind Tech
Manufacturing plants for wind turbine
gearboxes do highly accelerated lifetime testing on all designs to validate the designs reliability
Wind Tech Cont.
There are currently 149 large wind farms in
the US that have at least a 160 MW power generating capability
4 of which are operating and supplying power to New York
As well as 550+ manufacturing facilities for parts
Power Plants
In the US as a whole 4.44% of all electricity is
generated by solely wind power It is estimated that by the year 2030 20% of
all electricity in the US will be generated by wind alone
In the state of New York by itself about 2.6% of all electricity is generated by wind or enough to power 500,000 homes
Power Supplied
Fewer Subsidies Free fuel Price Stability – other forms of power such as
nuclear have a more variable cost due to mining and transportation costs that do not exist for wind
Creates jobs Supports Agriculture- Wind turbines can be
installed near farms or crops without interfering with people or livestock
Conserves and keeps water clean
Pros of Wind Power
Only produce electricity when wind is high Wind turbines are considered an eyesore Although turbines have become more and
more silent they still produce an audible sound that can be considered annoying 50-60dB
Transportation of large equipment can be costly
Construction of turbines can cause erosion and is expensive
Dangerous to birds
Cons
Turbines under 100kW cost roughly $8,000 per
kW A 10kW machine can cost $50000-$80000 to
install Smaller farms cost less overall but are more
expensive per kilowatt of energy producing Utility scale turbine can cost 1.3 million to 2.2
million per MW of nameplate capacity installed Price of wind power has dropped 43% over
past four years
Economic Factors
PTC ( production tax credit) expired late 2014
and has not yet been renewed for 2015 The PTC keeps energy costs low and
encourages development of new renewable energy projects
Over 70% of US congressional districts have either a wind project or wind related manufacturing facility which brings economic development to the region
Political
Works Cited "How Much Do Wind Turbines Cost?" Windustry. N.p.,
n.d. Web. 27 Apr. 2015. "Not on My Beach, Please." The Economist. The
Economist Newspaper, 21 Aug. 2010. Web. 27 Apr. 2015.
"Pros & Cons of Wind Energy." Windustry. N.p., n.d. Web. 27 Apr. 2015.
"State Fact Sheets." State Fact Sheets. American Wind Energy Association, 2013. Web. 24 Apr. 2015.
"Wind Energy Pros and Cons - Energy Informative." Energy Informative. N.p., n.d. Web. 27 Apr. 2015.
Works Cited