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Nicade Gokey, Zach Terzian, Zack Bloomer.   US –  $30 Billion in federal subsidies  NY-  $160 Million to be spent this year alone Current Investment.

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Presentation on theme: "Nicade Gokey, Zach Terzian, Zack Bloomer.   US –  $30 Billion in federal subsidies  NY-  $160 Million to be spent this year alone Current Investment."— Presentation transcript:

1 Nicade Gokey, Zach Terzian, Zack Bloomer

2   US –  $30 Billion in federal subsidies  NY-  $160 Million to be spent this year alone Current Investment In Wind Power

3   Increased capacity factor allows for most amount of energy possible being produced while also decreasing costs  Rotor size has increased by 30 meters on GE's predominant turbines from 70 meters to 100  Breakthroughs in turbine control have led to being able to handle more turbine thrust than ever before  Now reliable manufacturing of gearbox compenents allows the wind industry to grow at a much quicker and more reliable rate allowing for more energy production Recent Wind Tech

4   Manufacturing plants for wind turbine gearboxes do highly accelerated lifetime testing on all designs to validate the designs reliability Wind Tech Cont.

5   There are currently 149 large wind farms in the US that have at least a 160 MW power generating capability  4 of which are operating and supplying power to New York  As well as 550+ manufacturing facilities for parts Power Plants

6   In the US as a whole 4.44% of all electricity is generated by solely wind power  It is estimated that by the year 2030 20% of all electricity in the US will be generated by wind alone  In the state of New York by itself about 2.6% of all electricity is generated by wind or enough to power 500,000 homes Power Supplied

7   Fewer Subsidies  Free fuel  Price Stability – other forms of power such as nuclear have a more variable cost due to mining and transportation costs that do not exist for wind  Creates jobs  Supports Agriculture- Wind turbines can be installed near farms or crops without interfering with people or livestock  Conserves and keeps water clean Pros of Wind Power

8   Only produce electricity when wind is high  Wind turbines are considered an eyesore  Although turbines have become more and more silent they still produce an audible sound that can be considered annoying 50-60dB  Transportation of large equipment can be costly  Construction of turbines can cause erosion and is expensive  Dangerous to birds Cons

9   Turbines under 100kW cost roughly $8,000 per kW  A 10kW machine can cost $50000-$80000 to install  Smaller farms cost less overall but are more expensive per kilowatt of energy producing  Utility scale turbine can cost 1.3 million to 2.2 million per MW of nameplate capacity installed  Price of wind power has dropped 43% over past four years Economic Factors

10   PTC ( production tax credit) expired late 2014 and has not yet been renewed for 2015  The PTC keeps energy costs low and encourages development of new renewable energy projects  Over 70% of US congressional districts have either a wind project or wind related manufacturing facility which brings economic development to the region Political

11   Works Cited  "How Much Do Wind Turbines Cost?" Windustry. N.p., n.d. Web. 27 Apr. 2015.  "Not on My Beach, Please." The Economist. The Economist Newspaper, 21 Aug. 2010. Web. 27 Apr. 2015.  "Pros & Cons of Wind Energy." Windustry. N.p., n.d. Web. 27 Apr. 2015.  "State Fact Sheets." State Fact Sheets. American Wind Energy Association, 2013. Web. 24 Apr. 2015.  "Wind Energy Pros and Cons - Energy Informative." Energy Informative. N.p., n.d. Web. 27 Apr. 2015. Works Cited


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