Wind Energy
In many places around the world, the energy market is being driven by a new dual dynamics: deregulation and privatization. As more and more consumers choose who produce their power, the market for renewable resources is forecast to expand at an even greater pace.
Today, more than 500,000 megawatts of wind energy are installed throughout the world, and forecasts for wind power continue to be favorable with more than 750,000 cumulative megawatts predicted to be installed worldwide by 2015. With energy approximately costing 4.5 to 6 cents per kilowatt hour and declining, wind is a low-cost renewable energy source. It is less expensive than coal and oil generation, and is becoming attractive to utilities and electric cooperatives.
Lotus Energy Group’s current wind generation systems ranges from 1.5MW to 5MW single turbines.
Lotus Energy Group continues investing in efforts to decrease the turbines size and increase power output.
A 100 MW wind farm will, over the course of 20 years, displace the need for nearly one million tons of coal, or nearly 600 million cubic meters of natural gas. Wind generation has become a standard part of most new power plant designs.
