Financial ComparisonBWOT vs Market
- BWOT unit system cost for series production is approximately $3M USD for the turbine.
- Annual O&M system cost $22.5K USD
- BWOT LCOE is $23 USD/MWh, (2.3¢ USD/kWh), at 48% capacity factor, 7% discount rate and 25 years design life for series production level*
*BWOT is less than half the LCOE for traditional onshore and offshore Wind LCOE in the market (See slide 3, 14,16, vs slide 20)
*BWOT is less than half the LCOE for fossil fuel comparisons as included in the presentation from 2016 IEA Reports http://energypolicy.columbia.edu/sites/default/files/energy/MTRMR_2016_Presentation_SIPA%20%28002%29.pdf
*State or Federal Tax Credits, and Carbon Credits are not included in these numbers
* Conservative assumptions made at 48% capacity factor until testing phase is complete. Georgia Tech estimated 50% capacity factor. Current turbines on the market are at 43-44% capacity factor