Economic analysis of small wind-energy conversion systems

Barry N. Haack

Applied Energy, 1982, vol. 11, issue 1, 60 pages

Abstract: The financial costs of obtaining electricity from small wind-energy conversion systems are calculated and compared with the cost of electricity from traditional utility companies. A 3 kW rated wind electric system for residential use is examined. The amount of energy from this system is estimated by using a computer-operated simulation model which incorporates wind speeds, residential electricity demands and parameters from the generator, inverter and storage components. Variations in electricity costs as a function of available wind energy, residential consumption patterns and system components and costs are examined. The cost of electricity from small wind-energy conversion systems has considerable variations under differing assumptions or parameters but may, in some cases, be competitive with utility company costs.

Date: 1982
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