KITEMILL develops Airborne Wind Energy (AWE) technology based on the strong and consistent winds at altitudes 500 – 1500 meters agl (above ground level). Combined with hydro- and solar-energy and new energy storage technology, AWE will replace fossil fuels as source for electric energy
Levelized Cost of energy (LCoE) will drop due to:
10% material use, compared with conventional wind turbines
more full load hours per installed capacity
more energy per land area
LCoE from AWE below Lcoe from fossil fuel within 2022. (even without CO2 tax)
Global market for wind energy expands due to great wind resources at altitude. Sites for wind turbines on the ground are limited.