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Renewable Energy at Home: A Look into Purchasing a Wind Turbine for Home Use—The Cost of Blindly Relying on One Tool in Decision Making

Sheridan Ribbing and George Xydis
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Sheridan Ribbing: Energy Policy and Climate Program, Krieger School of Arts & Sciences, Johns Hopkins University, Baltimore, MD 21218, USA
George Xydis: Energy Policy and Climate Program, Krieger School of Arts & Sciences, Johns Hopkins University, Baltimore, MD 21218, USA

Clean Technol., 2021, vol. 3, issue 2, 1-12

Abstract: Small-scale wind turbines simulations are not as accurate when it comes to costs as compared to the large-scale wind turbines, where costs are more or less standard. In this paper, an analysis was done on a decision for a wind turbine investment in Bellingham, Whatcom County, Washington. It was revealed that a decision taken based only on a software tool could be destructive for the sustainability of a project, since not taking into account specific taxation, net metering, installation, maintenance costs, etc., beyond the optimization that the tool offers, can hide the truth.

Keywords: green communities; energy independence; HOMER; wind turbines (search for similar items in EconPapers)
JEL-codes: Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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