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Generation innovation: Despite tricky times of late, innovations in aerodynamics, drive train and intelligent operation – should help drive the cost of wind energy back down again

✍ Scribed by Chris Varrone


Book ID
104450891
Publisher
Elsevier
Year
2011
Tongue
English
Weight
688 KB
Volume
12
Category
Article
ISSN
1755-0084

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✦ Synopsis


is a former McKinsey consultant who specialises in wind energy technology. His fi rm, Riverview Consulting, advises on topics including product/market strategy and fi nancing.

T HE CALIFORNIA "turbine rush" started in Altamont Pass in 1981 and ended abruptly a few years later, but not until thousands of machines fi lled high-wind areas of California's deserts and mountain passes.

From 1985 to 2003, when the Danish fi rm Vestas introduced the V90-3.0MW turbine, the wind industry decreased its cost of energy -Capital Expenditure (Capex) plus Operating Expenditure (Opex) divided by Energy Production -by more than 50%, or 4.1% per year compounded.