Wind Power Market Update - PowerPoint PPT Presentation

Wind power market update l.jpg
Download
1 / 19

Wind Power Market Update Harvesting Clean Energy Boise, Idaho February 10, 2003 Larry Flowers Sizes and Applications Small ( 10 kW) Homes (Grid connected) Farms Remote Applications (e.g. battery changing, water pumping, telecom sites, icemaking) Intermediate (1 0-500 kW)

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.

Download Presentation

Wind Power Market 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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Wind power market update l.jpg

Wind Power Market Update

Harvesting Clean Energy

Boise, Idaho

February 10, 2003

Larry Flowers


Sizes and applications l.jpg

Sizes and Applications

  • Small (10 kW)

  • Homes (Grid

  • connected)

  • Farms

  • Remote Applications

  • (e.g. battery changing, water pumping, telecom sites, icemaking)

  • Intermediate

  • (10-500 kW)

  • Village Power

  • Hybrid Systems

  • Distributed Power

  • Large (500 kW – 6 MW)

  • Central Station Wind Farms

  • Distributed Power

  • Offshore Wind Generation

  • Stations


Slide3 l.jpg

GE WIND

1.5 MW


Growth of wind energy capacity worldwide l.jpg

Actual

Projected

Rest of World

Rest of World

North America

North America

Europe

Europe

Growth of Wind Energy Capacity Worldwide

Jan 2002 Cumulative MW

Rest of World = 2,656

North America = 4,459

Europe = 17,812

MW Installed

Sources: BTM Consult Aps, March 2002

Windpower Monthly, January 2002


Wind economics determining factors l.jpg

Wind Economics - Determining Factors

  • Wind Resource

  • Financing and Ownership Structure

  • Taxes and Policy Incentives

  • Plant Size: equipment, installation and O&M economies of scale

  • Turbine size, model, and tower height

  • Green field or site expansion

  • What is included: land, transmission, ancillary services


Slide8 l.jpg

Wind Cost of Energy

12

10

8

Low wind speed sites

COE (¢/kWh [constant 2000 $])

6

Bulk Power Competitive Price Band

High windspeed sites

4

2

0

1990

2010

2020

1995

2005

2015

2000


U s average natural gas prices l.jpg

U.S. Average Natural Gas Prices


Slide10 l.jpg

COOP vs. IPP Financing

  • Larger plants are significantly less expensive per kWh

  • Public power can own/ install smaller plants at comparable cost to large IPP projects

  • Aggregation of demand reduces costs


Economic development opportunities l.jpg

Economic Development Opportunities

  • Land Lease Payments: 2-3% of gross revenue $2500-4000/MW/year

  • Local property tax revenue: 100 MW brings in on the order of $500-$1,000k/yr

  • 1-2 jobs/MW during construction

  • 2-5 permanent O&M jobs per 50-100 MW,

  • Local construction and service industry: concrete, towers, some electrical usually done locally

  • Investment as Equity Owners: production tax credit, accelerated depreciation

  • Manufacturing and Assembly plants expanding in U.S. (Micon in IL, LM Glasfiber in ND)


Slide12 l.jpg

States Renewable Energy Policies


Slide14 l.jpg

Load Growth


Slide15 l.jpg

Transmission Growth


Key deployment issues for wind power l.jpg

Key Deployment Issues for Wind Power

  • Permitting and Siting (visual, noise, avian, land use)

  • Transmission: capacity allocation, RTO formation, new line builds/planning

  • Power Variability: impact on utility operations

  • Evolving competitive markets

  • Green power markets

  • Policy environment – PTC, RPS, state tax provisions


Slide18 l.jpg

Resources: On The Web

  • AWEA Web site: http://www.awea.org

  • NWTC Web site: http://www.nrel.gov/wind

  • National Wind Coordinating Committee: http://www.nationalwind.org

  • Utility Wind Interest Group site: http://www.uwig.org

  • WPA Web site:

    http://www. Windpoweringamerica.gov

  • Homepower Web Site: http://www.homepower.com

  • Windustry Project: http://www.windustry.com

  • Best Links: www.me3.org


Slide19 l.jpg

Carpe Ventem


  • Login