Professional Documents
Culture Documents
CDP File
CDP File
• WIND ENERGY
By : Ankush Yadav
Reg. No.: 12004039
Wind Energy Certificate
• The wind profile is logarithmic at high wind
speeds.
• The wind speed depends on the
surface roughness.
• Winds are different during day and night.
• However, the wind profile also depends on
the height of the boundary layer and
the horizontal temperature gradient
(baroclinicity).
Wind Altar
Analysis and
Application
Program
Summary of WASP:
• Wind resource depends on the surface roughness, orography and
shelter obstacles.
Development Implementation
• Finding a Site. • Procurement
• Site Characteristics. • Construction
• Wind Farm Design
• Permissions and Licenses
• Financing
• Public Engagement
The Wind Farm Project TimeLine:
Operation Decommissioning
• Operation • Remover
• Maintenance • Repower
Components of the Cost:
Development: Implementation:
.Site assessment • Turbines
.Wind resource • Foundations
.Permissions and Other • Sub-station
Formalities. • Cabling
.Preliminary Design • Grid Connection
.Legal and Contracts
.Environmental Study
Wind Farm Economic Profile:(Economy of
Wind Power Operations):
• Wind Power Turbines are expensive generating installation
Investments. Hence the production costs are highly dependent on
installation costs and their financing.
• Another component of the cost includes the cost of capital which is
the cost of the money needed to build the wind farm.
• Wind Energy Projects are capital intensive compared to traditional
energy projects.
Energy Production and Revenue:
Objectives:
.Make a simple calculation of a very approximate energy production
figure.
.Naming four of the commonly used electricity tax types for wind
energy.
.Explaining the importance of revenue in the economics of a wind farm.
.The economic revenue of a wind farm is related to:How much energy it
produces and how much the energy is sold for (including any
incentives).
Revenue Production: Annual Energy
Production(AEP):
• Net AEP is measured at the electricity meter.
• For a proposed project this will have to be estimated.
• An average over the lifetime of the windfarm.
• Simple Approximation: 50MW @ capacity factor 0.25 gives 110 GWH
Energy Production.
• Electrical Energy from wind is a commodity.
• Price of any commodity can vary from:
Cost of Production to whatever a buyer is prepared to pay.
Can sell wind energy into an electricity market.
Supporting investment in renewable energy.
Revenue from a wind farm has two important
Points.Energy Production and the Price of Energy:
Levelised Cost Of
Energy (LCOE)
• Simple Playback • Net Present
Tools for Wind Time(SPT): Value(NPV):To help to
Energy To find out how long it will
decide if a proposed
project is an attractive
take to pay back the
Comparison: investment by using three
investments.
factors: Capital • NPV is the sum of
Investment, Costs and the cash flows in
Electricity Sales. today's money minus
the original investment.
• It is a measure of
the attractiveness of
the investment.
If NPV > 0 then the project is
profitable.
NPV(Net
If NPV < 0 then the project is
Present not profitable.
Value):
SUM of PVs and initial
investment gives Net Present
Value (NPV).
We can make a simple calculation that indicates
how long it will take to pay back the
investment,using the SPT tool.
Summary of
Basic Tools for The decision on whether to go ahead with a
project can be helped by evaluating the net
Wind Energy: present value of the project,using the NPV tool.
Structural
Design of
Wind Turbine Explaining Explaining the difference between loads,boundary conditions
and strength.
Blades: