Truth to Power - Episode 21
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On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro takes a deep dive into the profitability of #windenergy assets in the USA on the back of the updated annual release of production data from the independent power producers via the EIA.
The US wind energy market is now seeing an average of more than $1.13 million per installed MW of net profit through the planned end of asset life. Across the entire installed base, asset owners who have GE Vernova #windturbines see the highest net profit per MW at more than $1.25 million.
Meanwhile, asset owners with Siemens Gamesa turbines show the lowest overall maintenance cost per megawatt hour produced over the lifetime of the wind farm, as well as the slowest degradation of performance over time. Owners with Vestas and Nordex Group turbines show a more traditional increase in relative maintenance cost over time as asset technical performance degrades.
Have a listen today, and get in touch with your best questions about the renewable energy market in the USA, or any other country around the world.
This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn
22 episodes