Wind energy economy

The project endeavoured to calculate electricity generation costs in modern onshore wind turbines. At average operating costs of DKK 0.08/0.10/kWh, production costs per kWh can be calculated at DKK 0.33/0.56, depending on local wind conditions at the site for a private investor aiming at a repayment period of 10 years. A socio-economic calculation with a repayment period of 20 years, corresponding to the expected lifetime of a wind turbine, shows a spread of DKK 0.23 and 0.38. In comparison, the kWh price from Rødsand II is DKK 0.629.

Project description

The project endeavoured to calculate electricity generation costs in modern onshore wind turbines. At average operating costs of DKK 0.08/0.10/kWh, production costs per kWh can be calculated at DKK 0.33/0.56, depending on local wind conditions at the site for a private investor aiming at a repayment period of 10 years. A socio-economic calculation with a repayment period of 20 years, corresponding to the expected lifetime of a wind turbine, shows a spread of DKK 0.23 and 0.38. In comparison, the kWh price from Rødsand II is DKK 0.629. (Energy 10)

Results
The project endeavoured to calculate electricity generation costs in modern onshore wind turbines. At average operating costs of DKK 0.08/0.10/kWh, production costs per kWh can be calculated at DKK 0.33/0.56, depending on local wind conditions at the site for a private investor aiming at a repayment period of 10 years. A socio-economic calculation with a repayment period of 20 years, corresponding to the expected lifetime of a wind turbine, shows a spread of DKK 0.23 and 0.38. In comparison, the kWh price from Rødsand II is DKK 0.629. (Energy 10)

Key figures

Period:
2008 - 2010
Funding year:
2007
Own financial contribution:
0.56 mio. DKK
Grant:
1.73 mio. DKK
Funding rate:
76 %
Project budget:
2.28 mio. DKK

Category

Oprindelig title
Vindmøllers økonomi
Programme
EFP
Technology
Wind
Case no.
33033-0196

Participants

EMD INTERNATIONAL A/S (Main Responsible)
Partners and economy
Partner Subsidy Auto financing
No entries available.

Contact

Kontakperson
Nielsen, Per
Comtact information
EMD International A/S
Niels Jernesvej 10
DK-9220 Aalborg Ø
www.emd.dk
Nielsen, Per , 96354444, emd@emd.dk
Øvr. Partnere: Danmarks Tekniske Universitet. Risø Nationallaboratoriet for Bæredygtig Energi (Risø DTU). EA Energianalyse A/S; Vindmølleindustrien; Danmarks Vindmølleforening
Contact email
pn@emd.dk

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