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As a value - maximizing aluminum company, should Hydro invest in wind power in light of the Utsira pilot project? Why or why not? Larger
As a valuemaximizing aluminum company, should Hydro invest in wind power in light of the Utsira pilot project? Why or why not?
Largerscale turbines increase the electricity more than proportionately to the increase in costs. A megawatt turine costs $ million, with the remaining equipment costs unchanged, for a total required investment of $ million to power approximately households. Electricity revenue over years rises to $ million in discounted present value. What conversion factor allows cost recovery of this largerscale turbine?
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