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In March 2021, Bloomberg New Energy Finance found that "renewables are the cheapest power option for 71% of global GDP and 85% of global power generation. It is now cheaper to build a new solar or wind farm to meet rising electricity demand or replace a retiring generator, than it is to build a new fossil fuel-fired power plant. ...
In the United States, residential wind turbines with outputs of 2–10 kW typically cost between US$12,000 and US$55,000 installed (US$6 per watt), although there are incentives and rebates available in 19 states that can reduce the purchase price for homeowners by up to 50 percent, to $3 per watt. [25]
The cost of energy production depends on costs during the expected lifetime of the plant and the amount of energy it is expected to generate over its lifetime. The levelized cost of electricity (LCOE) is the average cost in currency per energy unit, for example, EUR per kilowatt-hour or AUD per megawatt-hour. [5]
Power was provided by two 600 Watt 12000 Hz AC generators and a single 500 Watt DC generator driven by a shared 6 horsepower (4.5 kW) gasoline engine. Fuel consumption was 0.5 US gallons (1.9 L; 0.42 imp gal) per hour. [15] Performance against a bomber-sized target depended on the target altitude and the particulars of the site.
It is also known as a unipolar generator, acyclic generator, disk dynamo, or Faraday disc. The voltage is typically low, on the order of a few volts in the case of small demonstration models, but large research generators can produce hundreds of volts, and some systems have multiple generators in series to produce an even larger voltage. [ 18 ]
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