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The average wind turbine generates enough electricity in 46 minutes to power the average American home for one month. [3] In 2019, wind power surpassed hydroelectric power as the largest renewable energy source in the U.S .
The generator, which is approximately 34% of the wind turbine cost, includes the electrical generator, [64] [65] the control electronics, and most likely a gearbox (e.g., planetary gear box), [66] adjustable-speed drive, or continuously variable transmission [67] component for converting the low-speed incoming rotation to high-speed rotation ...
The cost has decreased as wind turbine technology has improved. There are now longer and lighter wind turbine blades, improvements in turbine performance, and increased power generation efficiency. Also, wind project capital expenditure costs and maintenance costs have continued to decline. [94]
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The legislation continues by specifying goals for the Wind Energy Research Program, "(i) reduce average wind energy costs to 3 to 5 cents per kilowatt hour by 1995;(ii) reduce capital costs of new wind energy systems to $500 to $750 per kilowatt of installed capacity by 1995; (iii) reduce operation and maintenance costs for wind energy systems ...
The faster the average wind speed, the more electricity the wind turbine will generate, so faster winds are generally economically better for wind farm developments. [7] The balancing factor is that strong gusts and high turbulence require stronger more expensive turbines, otherwise there is a risk of damage.
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