Why Is Energy From Windmills Expensive
You have to wonder about the financial system we live in when energy generated for free by windmills costs more than energy from oil or coal.
It costs money to get coal or oil out of the ground. It costs money to transport them to where they are needed. So, how can electrical generation by windmills cost so much?
When you build a windmill all the costs are up front. You build the windmill and your income comes in payments for the energy produced in the years ahead. So the profit comes once all the costs have been paid off but once those costs are paid all the income is profit.
When a power generating windmill is planned the costs have to be worked out ahead of time. The progected lifespan of the machine will decide whether the windmill installation is viable.
A well contructed windmill tower could last for 100 years but you can be sure the estimates of costs assume it lasts a lot less time than that.
We need to look at the production of renewabl;e energy as a long term commitment and stop worrying about short term profits. This is why these things need to be managed by governments who can look at the long term benefits of renewable energy for everyone rather than companies who are looking for short term profits for shareholders.