It is cheap because it is a poor power source, the energy is delivered at inopportune times. C&I doesn't want to sign PPAs with them, which is why they have to discount heavily to get them. This article then takes that fact and pretends it means wind can undercut gas? Gas, especially gas peakers command the highest prices per MW because they run at the times when we need energy the most. That then covers the cost of having them idle for the rest of the year.
Wind has low operating costs but the maintenance and depreciation are huge, so looking at it from an operating cost perspective completely undermines this.
The simple litmus test we should use is that there are no profitable wind companies. It's not very hard to run one - so if this article is accurate, where the hell are they?
Wind has low operating costs but the maintenance and depreciation are huge, so looking at it from an operating cost perspective completely undermines this.
The simple litmus test we should use is that there are no profitable wind companies. It's not very hard to run one - so if this article is accurate, where the hell are they?