NewEnergyNews: DENMARK OCEAN WIND PRICE BEATS NUKES, NAT GAS

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YESTERDAY

THINGS-TO-THINK-ABOUT THURSDAY, December 8:

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  • QUICK NEWS, December 5: Trial Of The Century Coming On Climate; The Wind-Solar Synergy; The Still Rising Sales Of Cars With Plugs
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  • Weekend Video: Trump Truth And Climate Change
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  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-Aussie Farmers Worrying About Climate Change
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 1
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 2
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  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
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  • WEEKEND VIDEOS, December 10-11:

  • A Climate Change Denier’s Lies Exposed
  • The Good News Numbers On The EV Boom
  • “This Is Just The Beginning”

    Friday, May 01, 2015

    DENMARK OCEAN WIND PRICE BEATS NUKES, NAT GAS

    The myth of expensive offshore wind: it’s already cheaper than gas-fired and nuclear

    Mike Parr, March 31, 2015 (Energy Post)

    “Offshore wind is routinely criticized for being too expensive…The Danish offshore wind target is 1350MW by 2020…[Denmark publishes data on] every single wind turbine onshore and offshore in the country…This data facilitates a financial analysis…Anholt has been built, Horns Rev 2 is in planning and Saeby will soon be out for tender. The estimate for the capacity factor (CF) for Anholt in a normal year is around 77%...but to be conservative I have assumed a CF of 65%. Horns Rev 3 will be built near Horns Rev 2 which has a known CF of 50%...I have assumed a wholesale price of €25/MWh for a period of 15 years after the 10-year [subsideized] period is over…I have also assumed a discount rate of 5% (cost of capital/debt)…Based on the Prognos report for the Bavarian government (published in November 2014) [the price of natural gas from CCGTs is around €90/MWh]…Anholt turns out to be 14% cheaper and Horns Rev3 around 37% cheaper…If we compare the offshore wind farms to the cost of the nuclear power project proposed at Hinkley Point, which will get £92.50 (about €125) per MWh for 35 years, Anholt delivers electricity that is 40% cheaper, Horns Rev3 will deliver electricity that is 58% cheaper and Saeby 60% cheaper…” click here for more

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