NDLI: Energy Yield and Cost Analysis of Small Scale Wind Turbines

Content Provider	IEEE Xplore Digital Library
Author	Stannard, N.J. Bumby, J.R.
Copyright Year	2006
Description	Author affiliation: Durham Univ. (Stannard, N.J.; Bumby, J.R.)
Abstract	This paper seeks to explore the attractiveness of small-scale wind turbines in the current economic climate. In order to do this, three pieces of information must be known: (1) the cost of the system; (2) the annual energy yield of the system; (3) the value of that energy yield. An Internet based search was conducted to establish current market prices for (1) and (3). The annual energy yield is more difficult to determine, and in this paper a Weibull probability distribution of wind speed, combined with the turbine's power characteristic, has been used to estimate it. This analysis has been carried out on a number of small-scale turbines that are currently on the market and the results have been compared to a family of generic turbines with ideal performance characteristics to assess whether the manufactures' performance claims are accurate. The income generated and the level of $CO_{2}$ abatement has also been calculated. It was found that a 2.5-3 kW turbine could supply all the energy needs of an average household, however the current cost of the system is expensive compared to the cost of buying the energy from the grid, leading to a payback period of similar length to the design life of the turbine
Starting Page	108
Ending Page	112
File Size	4678816
Page Count	5
File Format	PDF
ISBN	9781861353429
DOI	10.1109/UPEC.2006.367725
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2006-09-06
Publisher Place	UK
Access Restriction	Subscribed
Rights Holder	UPEC
Subject Keyword	Wind energy generation Costs Wind speed Power generation economics Probability distribution Wind turbines Internet Manufacturing Weibull distribution Environmental economics
Content Type	Text
Resource Type	Article

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2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
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