100 MW Wind Turbine Power Plant

Samuel A. Alagbada

A chapter in Renewable Energy - Recent Advances from IntechOpen

Abstract: Wind power production has increased by a hundredfold during the last 20 years and represents roughly 3% of the total global electricity production. In recent years, technological changes in wind turbine configurations have enabled higher capacity factors for wind turbines. The results from the studies showed that wind as a source of energy for Växjö could be explored in order to achieve the goal of energy sufficiency and as well as sustaining the greenest city status in Europe. The simulation showed that 100 MW electricity could be generated from the wind sources with respect to the available data via global wind metrological data, literature, RETScreen Expert software., LCOE and IRR analysis tools. In addition, the Internal rate of return (IRR) of 8.7% which is good enough considering the proposed energy tax, energy security and environmental benefit cost ratio as well as reduced global weighted-average levelized cost of electricity (LCOE) from wind power technology make it more attractive for investor-Växjö municipality.

Keywords: wind power plant; wind energy; electricity storage; RETScreen expert; LCOE (search for similar items in EconPapers)
JEL-codes: Q20 Q40 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:272796

DOI: 10.5772/intechopen.107067

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