Wind power is competitive

Vestas has taken wind power to a level of technological maturity where it can compete on price with conventional sources of energy such as oil and gas, making it a sound business investment.

Wind power is free and plentiful

In 2006, a report by Emerging Energy Research showed that land-based wind power is equal in cost to electricity from a new natural gas fired plant – and only marginally more expensive than electricity from a new coal-fired power station. And that’s before the cost of CO2 emissions are taken into account.

Improved  technology drives competitiveness

Since the installation of our first turbine in 1979, we’ve improved output 100 times over. And through our world leadership in turbine technology, we are driving down the cost of wind-generated electricity still further. Today, we have more than 20,000 people working on this task, seeking new ways to improve turbine efficiency. One result is our V90-3.0 MW turbine. Every aspect has been rethought to reduce the cost per kWh. It’s lighter, so it’s cheaper to produce, transport and install. And in only three hours it can supply the average European family with electricity for an entire year.

To maintain our place at the forefront of wind power and supplement the innovations that stream from our R&D centre in Aarhus, we are investing heavily in technology centres throughout the world in places such as Singapore, India and Houston, USA.