Life cycle costs and carbon emissions of wind power: Executive Summary

Research output: Book/ReportCommissioned report

Abstract

- Capital cost is a major determinant of levelised costs but production levels and, particularly, financing assumptions are important determinants of headline costs; UK-studies showed above average levelised costs largely as a result of above average discount rates;
- The cost of offshore wind is more uncertain and higher than onshore wind and other established technologies, but there is significant scope to reduce costs to comparable levels;
- The introduction of wind power does result in impacts on the electricity system in terms of costs for balancing, transmission and backup, but these are modest at around 10% of the cost of wind energy;
- The life cycle carbon emissions from both on- and offshore wind are very low at 15 and 12 gCO2eq/kWh, respectively;
- Wind power variability affects system operation and reduces the efficiency of coal and gas generation, but the impact is modest, and emissions savings due to wind power will remain significant.
Original languageEnglish
PublisherClimateXChange
Commissioning bodyClimateXChange
Number of pages23
Publication statusPublished - 2 Jun 2015

Keywords

  • Built Environment
  • Energy
  • Forestry
  • Natural Environment

Fingerprint

Dive into the research topics of 'Life cycle costs and carbon emissions of wind power: Executive Summary'. Together they form a unique fingerprint.

Cite this