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Wind generation is the most increasing resource in the renewable energy. Now a days, the wind power has a large installed output power capacity in the world among the renewable energy sources. The wind power integration into power system grids has some effect on power system issues as transmission congestion, optimum power flow, system stability, power quality, system economics and load dispatch....
In this paper we develop a novel approach that simultaneously optimizes a wind farm and its financing for an improved economic analysis of wind energy projects. In our analysis we compare the energy yield of optimal wind energy projects with different turbine technologies under varying electricity price and wind speed scenarios. We perform extensive simulation studies and build statistical confidence...
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