Investing in Wind
Windpower is the conversion of the kinetic energy in moving air into mechanical or electrical energy. Modern wind turbine generators use large, aerodynamically designed blades to capture wind energy and drive generators situated atop towers several hundred feet high (80-100 meters). Individual turbines typically generate 2 -2.5 MW or more of electricity and large arrays, often called wind farms, can reach installed capacities of hundreds of megawatts. Electricity generated by a wind farm is normally sold to utility companies through long-term power purchase agreements (PPAs) and fed into regional or national electric power transmission networks.
Investing in Wind
- The global wind industry grew 482% over the past seven years
- It is expected to grow another 215% over the next five years
- Wind-generated revenues exceeded $30 billion in 2008
- The US Department of Energy reports that the U.S. could get 20% of its electricity from wind resources by 2030 requiring $20 billion per year for the next 20 years.
- Wind will be the most economic large scale renewable technology for the next 10 years
- Wind has low technology risk and proven track record
Key development success factors
- Wind resource supported by extensive and well calibrated on-site wind data studies
- Land access (support by landowners)
- Capital cost (10 times more important than O&M costs):
- Connection access: (cost, loss factor, grid capacity)
- Wind farm scale (to absorb certain fixed cost)
- Wind farm design, micro siting and optimization keyed to local conditions
- O&M costs (typically only around 1.5% of capital cost per year)
- The key: an experienced wind development team combining both technical know-how and financial acumen.
Wind Economics
- Wind projects produce long-term profits
- Relatively low risk once the project financing comes together (almost no technology risk)
- Energy prices are rising producing higher potential revenues
- Very broad based federal and state support for these program including tax credits, grants, and accelerated depreciation make the economics far superior to other low-risk investments
- Secure returns on investment over a typical 20-year project life
- Leverage through debt financing increased rates of return
the wind company was established by individuals and companies with proven track records for developing, building, and operating highly successful wind farms and creating significant profits for its shareholders. the wind company is bringing that expertise and experience to the North American market and invites prospective investors to contact us.