Wind power is competitive

wind power has been taken to a level of technological maturity where it can compete on price with conventional sources of energy such as oil and gas, making it a sound business investment.

Wind power is free and plentiful

In 2006, a report by Emerging Energy Research showed that land-based wind power is equal in cost to electricity from a new natural gas fired plant – and only marginally more expensive than electricity from a new coal-fired power station. And that’s before the cost of CO2 emissions are considered.

Wind power is predictable

As we all know, the price of oil, natural gas and other non-renewable materials can be volatile. But the price of wind is predictable and stable – and free in every currency. This creates the strongest possible business case for people and governments looking for more secure ways to invest in energy.

Meeting the world’s energy demands

Neither wind turbines nor conventional energy plants run at full capacity 365 days a year.  But in countries like Denmark, wind already meets one-fifth of the population’s total energy needs – and Denmark achieved this using less than 20 per cent of its wind resources. On continuously windy days, Denmark actually gets all of its electricity from the wind.

Energy independence and local jobs

Wind knows no limits, nor does it recognize national boundaries. It’s an unlimited form of energy, and it’s found freely in countries with even the poorest natural resources. Wherever it blows, it can bring jobs to support the local economy – and break the dependence on energy from external suppliers.

Wind power is independent

This two-fold benefit is important not only for business but for political decision-makers. Energy is becoming an increasingly strategic issue for governments around the world – especially those currently dependent on foreign imports to fuel their homes and economies.

Wind power is fast

With wind power, there are none of the long lead times involved with conventional fuels. In less than 12 months, a wind power plant can be up and running – producing energy, and generating a return on investment quickly.

Making wind energy an attractive investment

From a business perspective, we can predict that wind will provide at least 10 per cent of world electricity consumption by the next few years. This will require greater investment in wind power throughout the world, and we know it can be achieved.

We are constantly researching ways to shorten the time it takes to install our turbines to make wind power even more attractive.

An investment in wind power creates a ‘win-win’ situation for the environment and the economy – with clean energy free from CO2, and thousands of sustainable jobs.

Wind power is clean

Wind power produces energy, pure and simple. No CO2, no other greenhouse gasses, no hazardous waste left behind as a poisonous legacy for future generations. And, unlike coal and nuclear plants, it doesn’t consume huge amounts of water – which is itself becoming a scarce resource.

Clean energy efficiency

As an example, one V126-3.3 MW wind turbine in a low wind will generate 240,000 MWh during its 20 years of operation – thus sparing the environment the impact of a net volume of approx 230,000 tons of CO2, as compared to the figures for energy generated by a coal-fired power station.

Leading the world in sustainable energy

We already lead the world in turning wind power into clean, sustainable electricity. But we also want to lead by example. So, our goal is that by the next few years, 60 per cent of our own internal energy needs will be met by clean electricity.