
Wind is clean, renewable, and increasingly economical. This is an incredible opportunity to create a cleaner environmental future for ourselves, our children, and our communities. There are enormous opportunities in wind power, and Catamount is focused on capturing them.
The economics of wind power, driven by larger, more efficient turbines and bigger wind projects, have steadily improved over the last decade. Today, the cost of new wind capacity, even without regulatory benefits, is competitive with the cost of new energy generated from both natural gas plants and other traditional technologies.
While wind technology may require a higher initial investment than fossil-fuel generators, this can be offset over the life of the project. The “life-cycle” costs of wind projects are much more competitive with other generating technologies due to a lack of fuel costs and lower operating expenses. Critical components to estimating wind energy’s cost of electric production are capital costs, financial costs, operating costs, and characteristics of the wind resource. Wind projects provide an intermittent source of power, which works well as an integrated source in a utility grid and reduces purchasers exposure to volatile fossil fuel prices.
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