"The Waverley Wind Farm comes at a price that is competitive with other forms of baseload electricity, which is particularly important as we meet demand from the transport and industrial heating sectors looking to electrify in the coming years,”
Genesis running a wind farm as a base load station??!? The press release goes on to say that the wind farm will actually be owned by Tilt Renewables, with Genesis contracted to take all the power output.
Waverley Capacity is forecast to be 130MW. If these run 24/7 then the power generated over a year would be:
0.130GW x 365day x 24hours/day = 1138GWh
However, we know this is not going to happen. Expected generation over the year is 450-460GWh. So 'capacity utilisation' over a year is expected to be:
450-460 GWh / 1138 GWh = 40%
How can a wind power station which is expected to operate to capacity only 40% of the time be a 'base load' power generation station?
SNOOPY
P.S. Bull, I think you might be right about the Castle Hill scheme being the next wind farm project for Tilt.