PARAMETRIC ANALYSIS OF ELECTRICAL ENERGY PRODUCTION BY WIND ENERGY FOR BOZCAADA

Year 2019, Volume: 5 Issue: 4, 271 - 276, 24.06.2019

Burhanettin Cetin

Abstract

In this study, the economic analysis of the wind power plant to be
installed in Bozcaada district has been investigated. The aim of this study is
to find the most economical wind turbine for Bozcaada and to analyze the
electricity production cost for different economic and technical parameters
such as interest rate, wind speed, hub height, capacity factor, etc.  As a result, the developed model is solved by
using RETScreen and Excel program, and then the effect of the studied
parameters on electricity generation cost is investigated. The electricity
production cost was found minimum for the Vestas V80-67M turbine. Consequently,
Vestas V80-67M was preferred as the most suitable turbine for Bozcaada. 

Keywords

Wind Power Plant, Economic Analysis, Electricity Production Cost, RETScreen

References

• [1] Erdem, H. H., Akkaya, A. V., Cetin, B., Dagdas, A., Sevilgen, S. H., Sahin, B., Atas, S. (2009). Comparative energetic and exergetic performance analyses for coal-fired thermal power plants in Turkey. International Journal of Thermal Sciences, 48(11), 2179-2186.
• [2] Adibhatla, S., Kaushik, S. C. (2014). Energy and exergy analysis of a super critical thermal power plant at various load conditions under constant and pure sliding pressure operation. Applied thermal engineering, 73(1), 51-65.
• [3] Taner, T., Demirci, O. K. (2014). Energy and economic analysis of the wind turbine plant’s draft for the Aksaray city. Applied Ecology and Environmental Sciences, 2(3), 82-85.
• [4] Boutoubat, M., Mokrani, L., Machmoum, M. (2013). Control of a wind energy conversion system equipped by a DFIG for active power generation and power quality improvement. Renewable Energy, 50, 378-386.
• [5] Sahu, B. K. (2018). Wind energy developments and policies in China: A short review. Renewable and Sustainable energy reviews, 81, 1393-1405.
• [6] Baris, K., Kucukali, S. (2012). Availibility of renewable energy sources in Turkey: Current situation, potential, government policies and the EU perspective. Energy Policy, 42, 377-391.
• [7] Kaplan, Y. A. (2015). Overview of wind energy in the world and assessment of current wind energy policies in Turkey. Renewable and Sustainable Energy Reviews, 43, 562-568.
• [8] Keeley, A. R., Ikeda, Y. (2017). Determinants of foreign direct investment in wind energy in developing countries. Journal of Cleaner Production, 161, 1451-1458.
• [9] Katsigiannis, Y. A., Stavrakakis, G. S. (2014). Estimation of wind energy production in various sites in Australia for different wind turbine classes: A comparative technical and economic assessment. Renewable energy, 67, 230-236.
• [10] Cetin, B., Alpkaya, M.D. (2017). Electrical Energy Production by Using Wind Energy. International Conference on Advances in Science, 13-15 September 2017, Istanbul, Turkey.
• [11] Mohammadi, K., Mostafaeipour, A. (2013). Economic feasibility of developing wind turbines in Aligoodarz, Iran. Energy Conversion and Management, 76, 645-653.
• [12] Turkish Wind Energy Association, available at: http://www.tureb.com.tr/files/tureb_sayfa/duyurular/2018/03/turkiye_ruzgar_enerjisi_istatistik_raporu_ocak_2018.pdf
• [13] Yenilenebilir Enerji Genel Md., 2018; available at: http://www.eie.gov.tr/YEKrepa/CANAKKALE-REPA.pdf
• [14] Pauscher, D. (2009). Study of Equipment Prices in the Power Sector. ESMAP Technical Paper, 122/09, Washington.
• [15] Olson, A., Schlag, N., Patel, K., Kwok, G. Capital Cost Review of Generation Technologies, Recommendations for WECC’s 10- and 20-year Studies. Prepared for the Western Electric Coordinating Council, Inc., Salt Lake City, Utah, March 2014.
• [16] Hdidouan, D., Staffell, I. (2017). The impact of climate change on the levelised cost of wind energy. Renewable Energy, 101, 575-592.
• [17] Dalabeeh, A. S. K. (2017). Techno-economic analysis of wind power generation for selected locations in Jordan. Renewable Energy, 101, 1369-1378.