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Wind Power (Without FITS)

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ROI
14 to 55-Years
NB Please note this article only relates to wind systems installed and operated without the Feed-in Tariff government incentive scheme and only looks at the true economies of the technology. Please refer to the energy saving trust for the latest on The FITs scheme as they do make a significant difference making wind power economically viable.

This article is only concerned with wind turbines that can be sensibly added to a residential home.  Unlike other forms of renewable energy, wind power requires very little explanation.  Most of us will understand that the wind rotates a wind turbine generating electricity.    The question addressed here is how effective are they and are they worth the investment.  To work out how much energy you may generate you need to know how windy it is in your area, and there are several resource on the internet to do this, just do a Google search, or have a look the site by the  Department for Business, Enterprise & Regulatory Reform (BERR) it has a good resource for this, please follow the following  link.

For those interested, wind turbines come in two main types; horizontal axis (HAWT) and vertical axis (VAWT) (see diagram ). Horizontal axis turbines are the more familiar ‘windmill’ type where the blades rotate in a vertical plane about a horizontal axis and the turbine is dynamically rotated on its tower to face the wind. Vertical axis turbines do not need orientation into the wind. Vertical axis turbines are particularly suited to small wind power applications because they have a small environmental impact and no noise, the technology is less mature than HAWT.
Wind Strength...

It gives wind speeds at 45m, 25m and 10m above ground level. Wind speed varies with time, from nothing on calm days to occasional violent gusts. If the wind speed at a site is recorded over a year, it will be seen to vary about a mean wind speed value. This is the annual mean wind speed (AMWS) and is an indication of how much wind energy is available. In the UK, AMWS could be as low as 4 m/s (9.0 mph) for an inland site to around 8 m/s (13 mph) or higher on the most exposed sites.

The general consensus is that you will need at least 5m/s to make it worthwhile and this seems to be the number most suppliers use when they quote the generating capacity of their systems.  It is also apparently the average wind speed in the UK.    The table below shows a few systems with a range of typical manufacturer quoted generating capacity and estimates of payback periods.   The total cost of the installations is about £ 15,000, +/- £ 5000.  Accuracy is very tricky here because it depends on the foundations required, the battery storage system used (or grid connection) and the windmill chosen, so the table includes a range of data so you can see what install cost you should aim for.

  System 1 System 2 System 3
Annual energy generation 2500 kWh 3750 kWh 5000 kWh
Equivalent standard rate mains electric price of this energy £ 363 £ 544 £ 725
Payback period with and installation cost of £ 10000 28 years 18 years 14 years
Payback period with and installation cost of £ 15000 41 years 28 years 21 years
Payback period with and installation cost of £ 20000 55 years 37 years 28 years

System 3 is probably at the high end of what is possible with a 5m/s wind speed and the numbers in the table for this system probably reflects what would happen with an average annual wind speed closer to 7m/s, So to get a  payback period for your investment below twenty years you probably need to be in a very windy area and have paid as little as possible for your system.

The calculations in this article so far do not allow for the Feed-In Tariff (FITs) incentive schemes for renewable energy systems in the UK. They show raw calculations based on the true cost of grid electricity which is being replaced by the renewable energy system. With the FIT's scheme you are essentially paid by the government via electricity companies much more than the electricity is worth, even if you are using what you have generated. With the Feed-In Tariff wind power looks a lot better, use this website, Energy Savings Trust, to get more details and to determine the current rules regulations and eligibility.



 

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All calculations on this site are based on current fuel prices they are checked regularly are automatically updated and were last changed on:-
19th February 2013
For complete clarity, all calculation using current fuel prices are coloured red.
The costs calculated based on these fuel prices should be regarded as 'good estimates', given that fuel prices vary in different parts of the county and at different time of the year.
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Best Investment table

Measures to reduce fuel bills ROI*
Lagging 1
Loft Insulation 1.9
Cavity Wall Insulation 2.2
Underfloor Insulation 4.2
Solid Wall Insulation 15.1
Solar Hot Water 34
Double Glazing 55.6

*ROI is the time it takes in years to return the investment in fuel savings for an average gas heated 3 bed semi-detached house. The table assumes no government incentive schemes are used.

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Heat Pumps
- Replacing Electric
4 to 8
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- Replacing LPG
15 to 30
Wind Power 14 to 55
Solar Photovoltaics 24 to 64

**ROI is the time it takes in years to return the investment in electricity savings. The table assumes no government incentive schemes are used.

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