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In the European Union, electricity production from wind energy is projected to increase by approx. 16% until 2020. The Austrian energy plan aims at doubling the currently installed wind power capacity from approx. 1 GW to 2 GW until 2020 including an additional capacity of 700 MW until 2015. The aim of this analysis is to assess economically viable wind turbine sites by considering current feed-in...
A tool for optimal wind turbines location in large offshore wind farms is proposed. The algorithm objective is to optimize the profits given an investment on an offshore wind farm. Net Present Value (NPV) is used as a figure of the revenue in the proposed method. To estimate the NPV is necessary to calculate the initial capital investment and net cash flow during the offshore wind farm life cycle...
In this paper effects of energy subsidies removal from Iranian economy and price of energy carriers have been investigated. In addition, a comparison is made between investment on distributed generation (DG) before and after this reform. This investigation carried out from both conventional and renewable technologies point of view. DG technologies which are considered in this paper are photovoltaic...
Hungary has no significant energy storage on their power grid but with the growth of renewable generation the need for it is increasing. Therefore the transmission system operator meets a considerable challenge from day to day to keep the system in balance as the total instantaneous generation and consumption must always be equal.
Selection of wind turbine is one of the main factors which affect the economics of wind power projects. The current domestic economic analysis of wind turbine selection are relatively backward and the evaluation indexes are imperfect- -major concerned indicators are theoretic indicators such as characteristics of wind turbine and rated generating capacity, lacking of the assessment of actual wind...
Recent years China has made rapid progress in wind power industry and is almost top of the world. According to policy analysis and cost analysis, this paper aimed at finding out influence factors of wind power industry development. Using the data from 1985 to 2008, Ordinary least squares (OLS) regression is applied to empirically analyze the above factors, and then find out the significant factors...
Microgrids exploitation is one of the most useful and efficient ways of integrating Distribution Generation (DG) technologies. Microgrids allow to realize a coordinate control of different DG facilities, and to provide proper control strategies to the distribution grid. In this paper, economical involvements affecting decisions of realization of microgrids are assessed. Furthermore, a procedure for...
This paper proposes feed-in tariff scheme as investment incentive to promote wind energy generation under a regulated environment. The tariff design problem is to determine proper price premium that would be added to electricity purchasing rate when electricity generation is from wind energy. The problem was formulated as a mixed-integer nonlinear programming and solved for optimum capacity and price...
This study pays attention about near future energy bottleneck possibility in Turkey and investigates that the wind energy is able to help solving this problem or not. At the beginning, energy supply and consumption trends are described in Turkey and then, the electricity infrastructure and running power plants information are given. After that, wind energy potential and operating wind farms in Turkey...
Low impact renewable energy technologies offer important benefits compared to conventional energy sources, such as fossil fuels or nuclear power. Renewable-energy resources are abundant; worldwide, and are unevenly distributed. They are capable of producing around one-thousand-times more energy than is released today by all fossil fuels consumed. However due to their uncertainty different kinds of...
The renewable energy consumption has been increased rapidly with high economic growth in China. As one of the most promising renewable energy resource, wind energy has become a major part of the plans for sustainable development. The technical-economic analysis of the project reveals that the revenue from certified emission reductions (CERs) of clean development mechanism (CDM) project can increase...
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