NEW WORLD WINDPOWER LLC ™
© 2004 By Russell L. Doty

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            C lean
            A ffordable
            R eliable
            E nergy generated from renewable sources

 
LOWERING ENERGY COSTS

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.


[2] See "Renewable Energy Can Help Ease Natural Gas Crunch." Union of Concerned Scientists, at http://www.ucsusa.org/clean_energy/renewable_energy/page.cfm?pageID=1370

[3] See "20% Renewable Energy Standard Would Save Consumers $49 Billion and Produce 355,000 Jobs in U.S.," Union of Concerned Scientists, September 1, 2004, at http://www.ucsusa.org/news/press_release.cfm?newsID=413

[4] See "20% Renewable Energy Standard . . . in U.S.," op. cit.

[5] See Community Wind Financing: A handbook by the Environmental Law & Policy Center, Revised August 2004, p. 2. The online version of this publication which can be reached by clicking the URL had not been updated to the 2004 version as of March 9, 2004. When that update occurs, the information cited should appear on page 4.

[6] See "The Need for a Balanced Energy Plan for the Interior West," Western Resource Advocates, p. i.

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