Wind Power Costs and Benefits
The costs and benefits of a wind power project vary depending on the wind turbine type, project capacity, location, energy mix, and energy system interconnections.
The economic costs of wind power projects are:
- Capital,
- Operations and maintenance,
- Network upgrade,
- Voltage control,
- Active power balancing (additional reserve and cycling),
- Negative environmental externalities.
The economic benefits of wind power projects are:
- Capacity,
- Fuel-saving,
- Environmental and health.