His "analsys" left out the fact that natural gas alone costs as much as the wholesale price of wind power. Offshore wind plants are expected to be producing power at 3 cents per kwhr in 5 or so years. The price of the powerplant is not important, it is the price of the electricity that we care about.
Hey biblewanker, if you want to critique my "analsys", first learn how to correctly spell "analysis". Then quit making asinine statements like "The price of the power plant is not important". There's no doubt that wind power produces a savings on fuel costs. But you got a mighty tiny set of shriveled and dessicated gonads if you're unwilling to tell people what the payback period is on the excessively high initial investment. It'll take you decades to overcome the $450+ million initial cost differential. Heck it's doubtful you'll even reach the break-even point before your pinwheels depreciate and degrade to the end of their useful life.
The price of electricity includes a component for amortization of the capital costs for the generating equipment. You don't build a plant for free, no matter what kind it is. That cost has to be recovered in the rate base.
So, you do care about the powerplant's capital costs, because it determines in part the rate you're paying.