Economics of Wind turbine as an energy fuel saver – A case study for remote application in oman

A. Malik and A.H. Al-Badi

Energy, 2009, vol. 34, issue 10, 1573-1578

Abstract: This paper presents a study carried out to investigate the economics of wind turbine as an energy fuel saver. The load and the wind data is taken from a remote agricultural research station in Oman. Presently, the station is provided with electricity from diesel-engine generating units. The annual peak load and minimum load recorded at the site is 130kW and 28kW respectively. The annual average wind speed at the site is 5.7m/s. A 50-kW wind turbine is selected to demonstrate the economic feasibility of the turbine as a fuel saver. The results show that wind energy utilization is an attractive option with total specific cost of the selected wind turbine ranges between 7.4 and 8.45¢/kWh at 7.55% discount rate comparing to diesel generation operating cost of 14.3¢/kWh, considering the capital cost of diesel units as sunk. The simple payback period of the turbine is between 5.1 and 5.4 years and discounted payback between 6.7 and 8.0 years.

Keywords: Fuel saver; Diesel-engine; Wind turbine; Oman (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:34:y:2009:i:10:p:1573-1578

DOI: 10.1016/j.energy.2009.07.002

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