Economic analysis of wind power development in coastal regions of Tasmania

Zahedi, Ahmad (2013) Economic analysis of wind power development in coastal regions of Tasmania. In: Proceedings of the Australasian Universities Power Engineering Conference in 2013, pp. 1-6. From: AUPEC 2013: Australasian Universities Power Engineering Conference, 29 September - 03 October 2013, Hobart, TAS, Australia.

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Abstract

This paper presents the results of a study conducted to develop a novel approach to optimize a wind farm for an improved economic analysis of wind energy production. This study performs an extensive simulation to compare the energy production with different turbine technologies under varying wind speed scenarios. The simulation of this study can be used for any location in the world, but focus of this paper is the coastal regions of Tasmania using the location's 10-year average wind speed. The proposed approach performs a financial feasibility and profitability study and, consequently, improves the gain of the wind energy from wind farm.

Item ID: 32559
Item Type: Conference Item (Refereed Research Paper - E1)
Keywords: Wind power; economic aspects; coastal regions of Tasmania
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ISBN: 978-1-86295-913-2
Date Deposited: 08 Apr 2014 02:57
FoR Codes: 09 ENGINEERING > 0906 Electrical and Electronic Engineering > 090608 Renewable Power and Energy Systems Engineering (excl Solar Cells) @ 50%
14 ECONOMICS > 1499 Other Economics > 149901 Comparative Economic Systems @ 50%
SEO Codes: 85 ENERGY > 8505 Renewable Energy > 850509 Wind Energy @ 100%
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