- Jul 17, 2002
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I was watching Report on Business Television and they had a couple of guests discussing the feasibiliy of wind energy. The two guests were an alternate energy analyst from Merril Lynch or something and the CEO of a division of TransAlta.
Trans Alta is among Canada's largest non-regulated power generation marketing companies with coal-fired, gas-fired, hydro and renewable generation assets in Canada, the U.S., Mexico and Australia.
The analyst said that wind is cheaper than all other major forms of power besides coal. He said that nuclear is currently cheaper, but if you consider the costs of new facilities, he said that wind is a viable option. He said wind is roughly 10-12cents a megawatt, and will be the cheapest and fastest to bring online when considering new output.
The CEO then started talking about the technical side, ie. birds flyinging into the blades, noise, etc. The most interesting thing he pointed out was he saw wind becoming 20-30% of the american and canadian electricity generation in the future. The analyst confirmed his numbers as accurate, and feasible.
I think this is great news if what they say is true, it's nice to see wind as an option through free market cost reductions rather than government subsidies or forcing regulation. I do understand some of the flaws of wind, but it was interesting to see these knowledgable experts endorsing the technology.
Trans Alta is among Canada's largest non-regulated power generation marketing companies with coal-fired, gas-fired, hydro and renewable generation assets in Canada, the U.S., Mexico and Australia.
The analyst said that wind is cheaper than all other major forms of power besides coal. He said that nuclear is currently cheaper, but if you consider the costs of new facilities, he said that wind is a viable option. He said wind is roughly 10-12cents a megawatt, and will be the cheapest and fastest to bring online when considering new output.
The CEO then started talking about the technical side, ie. birds flyinging into the blades, noise, etc. The most interesting thing he pointed out was he saw wind becoming 20-30% of the american and canadian electricity generation in the future. The analyst confirmed his numbers as accurate, and feasible.
I think this is great news if what they say is true, it's nice to see wind as an option through free market cost reductions rather than government subsidies or forcing regulation. I do understand some of the flaws of wind, but it was interesting to see these knowledgable experts endorsing the technology.