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Power Electronics and Wind Power GERTMAR Lars Construction cost for the 200 MW CAES plant Fig. 15 will be about $126 million and about $77 million for the wind farm. Total cost will be about $200 million, or $1 per firm kW. Marginal energy cost will be about 2.4 ¢ per kWh, based on $4.00 / MMBTU natural gas prices and $15 / MWh off peak energy purchases. (Wind generation counted at zero fuel cost.) “All-In” delivered cost of power will be about 4.5 ¢ per kWh at 50 % capacity factor. There will be additional value from the sale of ancillary services, scheduling flexibility, and green tags, which will reduce the net costs shown above. Wind generation provides about 1/3 of total energy. A larger wind farm would provide a larger fraction. The proposed principle can be further developed to use the annual harvest from the farms as fuel to become 100 % renewable. Similar principles are shown in Fig. 16 [25]. Fig. 15: ISEP as a way to show integration of renewables without short-time weather forecasting [32]. The compressed fossil natural gas bubble can be replaced via gasification of annual harvest. Fig. 16: Two ways to show integration of renewables with meteorology especially short-time weather forecasting to get fungible electrical power out of renewables [25]. EPE 2003 - Toulouse ISBN : 90-75815-07-7 P.22PDF Image | Power Electronics and Wind Power
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