Stochastic life-cycle cost analysis of wind parks

Nikos D. Lagaros, Matthew G. Karlaftis and Maria K. Paida

Reliability Engineering and System Safety, 2015, vol. 144, issue C, 117-127

Abstract: We develop a life-cycle cost model for assessing wind parks; implementing the model requires calculation of cost components that are related to wind tower structural performance for multiple wind hazard levels. We compute the structural capacity of the wind towers by means of nonlinear static structural analysis for three wind hazard levels; then, the limit state dependent and life-cycle costs for the wind park are calculated based on the proposed model. The wind load for each wind hazard level is based on actual collected data and is generated probabilistically. Application of the proposed life-cycle cost analysis model is tested for a wind park with known characteristics (number and location of wind towers, wind potential, and so on).

Keywords: Life-cycle cost assessment; Stochastic wind load; Nonlinear static structural analysis; Wind parks (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:144:y:2015:i:c:p:117-127

DOI: 10.1016/j.ress.2015.07.016

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