MOD 2 Wind Turbine Development Project

The primary objective in the development of Mod 2 was to design a wind turbine to produce energy for less than 5 cents/kWh based on 1980 cost forecasts. The pricing method used to project the Mod 2 energy costs is the levelized fixed charge rate approach, generally accepted in the electric utility industry as a basis for relative ranking of energy alternatives. This method derives a levelized energy price necessary to recover utility's purchasing, installing, owning, operating, and maintenance costs.