Environmental value and economic analysis of wind power

The paper presents a study of the environmental value of China's wind power and an assessment of its economy. A comparative study is conducted between the wind power and coal power with the prevention price based on China's pollution charge schedule (PCS) and US environmental value schedule (EVS) as the environmental cost. The pollutant emission rate of coal power and the pollutant environmental value schedule were calculated. Results show that the environmental value of wind power is 0.0873 yuankWh-1 in comparison with coal power, and the cost of wind power and coal power are 0.3540 yuankWh-1 and 0.2993 yuankWh-1 respectively. However, if taking environmental value into account, the cost of the coal power is 0.3866 yuankWh-1, which is higher than that of the wind power. It's concluded that the wind power is promising in future due to its economy and environmental value.