Electric
and natural gas prices and
concerns are linked. Over the past 14 years, an unprecedented
350%+ surge in natural gas usage to produce electricity
has contributed to rising natural gas and electricity prices. [1] Farmers feel the pain
for another reason because natural gas accounts for 90
percent of fertilizer costs.[2]
If we continue
on our current path, the Energy Information Administration
projects U.S. imports of liquefied natural gas will increase
nearly ten times over today's levels by 2025, further exacerbating
US energy price and balance of payments deficit problems. [3]
Adopting nationally
the Renewable Portfolio Standard goal set in California
to balance energy production with 20 percent of electricity
coming from the wind and renewables by 2020, we will save
families and businesses more than $35 billion on their electricity
bills through 2020 and another $14 billion in lower natural
gas bills. [4]
This is so because
the price of wind power from large (utility scale) windmills
(of the 750,000 megawatt or more variety) has been reduced
by more than 80% in the last 20 years.
|
UTILITY SCALE WINDMILLS |
In excellent wind
areas (class 6 and 7), power generated from modern utility
scale windmills now is cheaper than power generated from
modern coal plants. This is true partially because (other
than to make the windmills) there are no pollution control
or fuel costs in wind energy generation. The cost of wholesale
utility scale windpower will continue to decrease and should
be in the 3 cents per kilowatt hour range by 2008 in class
6 and 7 wind areas and 4 cents per kilowatt hour in class
4 and 5 wind areas.
This 20 percent
of electricity coming from the wind and renewables by 2020
goal is reachable. Denmark has already achieved it. Twenty-five
percent of Denmark's electricity comes from windmills. And
in Denmark, 80% of the turbines are individually or cooperatively
owned. In Germany, which has the largest amount of installed
wind generating capacity in the world, 75% of the wind projects
are community owned by more than 100,000 individuals. [5]
If we do not
produce 21 percent of our electricity from the wind by 2020,
our kids will pay $7.3 billion too much for power -- $2 billion
too much for electricity and $5.3 billion too much for natural
gas.[6]
For information
on small scale wind prices click here.