1 / 28

Wind Energy Update

Wind Energy Update. Larry Flowers National Renewable Energy Laboratory November 30, 2007 Salt Lake City, UT. Capacity & Cost Trends. U.S Lagging Other Countries for Wind As a Percentage of Electricity Consumption. Installed Wind Capacities (‘99 – Sept 07). Declining Wind Costs

gay-torres
Download Presentation

Wind Energy Update

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Wind Energy Update Larry Flowers National Renewable Energy Laboratory November 30, 2007 Salt Lake City, UT

  2. Capacity & Cost Trends

  3. U.S Lagging Other Countries for Wind As a Percentage of Electricity Consumption

  4. Installed Wind Capacities (‘99 – Sept 07)

  5. Declining Wind Costs Fuel Price Uncertainty Federal and State Policies Economic Development Public Support Green Power Energy Security Carbon Risk Drivers for Wind Power

  6. Natural Gas – Historic Prices

  7. Nationally, Wind Has Been Competitive with Wholesale Power Prices in Recent Years

  8. In 2006, Wind Projects Built Since 1997 Were Competitive with Wholesale Power Prices in Most Regions

  9. Wind Cost of Energy Low wind speed sites Natural Gas (fuel only) New Coal 2007: New Wind High windspeed sites 2006: New Wind Depreciated Coal Depreciated Wind

  10. CO2 prices significantly increase the cost of coal Source: UCS/Black & Veatch

  11. Economic Development Impacts • Land Lease Payments: 2-3% of gross revenue $2500-4000/MW/year • Local property tax revenue: ranges widely - $300K-1700K/yr per 100MW • 100-200 jobs/100MW during construction • 6-10 permanent O&M jobs per 100 MW • Local construction and service industry: concrete, towers usually done locally

  12. No SOx or NOx No particulates No mercury No CO2 No water Environmental Benefits

  13. Source: NOAA

  14. Source: NOAA

  15. Energy-Water Nexus

  16. Policy Uncertainty Siting and Permitting: avian, noise, visual, federal land Transmission: FERC rules, access, new lines Operational impacts: intermittency, ancillary services, allocation of costs Accounting for non-monetary value: green power, no fuel price risk, reduced emissions Key Issues for Wind Power

  17. Integrating Wind into Power Systems

  18. A New VisionFor Wind Energy in the U.S. State of the Union Address “…We will invest more in … revolutionary and…wind technologies” Advanced Energy Initiative “Areas with good wind resources have the potential to supply up to 20% of the electricity consumption of the United States.”

  19. 10% Available Transmission 2010 Costs w/ PTC, $1,600/MW-mile, w/o Integration costs

  20. Utah – Economic Impacts From the 20% Vision (2,449 MW new Utah development) Wind energy’s economic “ripple effect” Totals (construction + 20yrs) Direct Impacts Indirect & Induced Impacts • Payments to Landowners: • $6.53 million/year • Local Property Tax Revenue: • $27.24 million/year • Construction Phase: • 3,883 new jobs • $461.8 M to local economies • Operational Phase: • 616 new long-term jobs • $52.0 M/yr to local economies • Construction Phase: • 3,292 new jobs • $292.2 M to local economies • Operational Phase: • 497 local jobs • $46.1 M/yr to local economies Total economic benefit = $2.72 billion New local jobs during construction= 7,175 New local long-term jobs= 1,113 Construction Phase = 1-2 years Operational Phase = 20+ years

  21. Fuel Savings From Wind Electricity Sector Fuel Usage

  22. Cumulative Carbon Savings

  23. Results: Costs& Benefits

  24. Conclusions • 20% wind energy penetration is possible • 20% penetration is not going to happen under business as usual scenario • Policy choices will have a large impact on assessing the timing and rate of achieving a 20% goal • Key Issues: market transformation, transmission, project diversity, technology development, policy, public acceptance • 20% Vision action plan: December 2007 Source: AWEA 20% Vision

  25. Carpe Ventem www.windpoweringamerica.gov

More Related