Wind turbines installed worldwide in 2006 produced 15,200 megawatts of energy -- the same amount of energy as "23 average-sized U.S. coal-fired power plants," according to the Worldwatch Institute.
The report states that the wind power outpaced the global growth of coal and nuclear plants combined, demonstrating that many countries -- including India and China -- are exploring more environmentally-friendly energy sources.
How much would it cost to replace all coal-based power plants in the United States?
The question isn't addressed in the press release, but an estimate can be made from publicly accessible data.
I will assume that 15,200 megawatts of power from wind turbines can be installed for $22 billion -- from data in this article -- and that our country currently has 600 coal-fired power plants generating 500 megawatts each -- from the Union of Concerned Scientists. (It says typical output is 500 megawatts, but I'm just going to use that as the average.)
This allows us to estimate that coal-fired power plants generate 300,000 megawatts of electricity. A little math tells us that installing enough wind turbines to generate 1,000 megawatts of electricity costs approximately $1.447 billion, which comes to $434.2 billion to replace the 300,000 megawatts of electricity currently generated by coal-fired plants.
Figuring out how long it would take to recoup that investment is something I can't do, as I don't have maintenance cost statistics available. Can anyone point me toward that data?
2006 Wind Installations Offset More Than 40 Million Tons of CO2 [press release]
Image: dkimages.com