Wind power generation analysis

How to analyze wind power project economic analysis?

Flowchart of wind power project economic analysis. At present, a series of methods have been proposed for economic analysis of wind power projects, including bottom-up method , top-down method , analytic hierarchy process and life cycle assessment .

How do cost modelling and economic analysis affect wind power projects?

During the past decade, wind power generation has been rapidly developed. As a key component of feasibility analysis, the cost modelling and economic analysis directly affect the construction of wind power projects.

What is the economic analysis flowchart of wind power project?

The economic analysis flowchart of wind power project is shown in Fig. 9, which can be divided into three steps: data acquisition, energy production and investment calculation, and scheme comparison. At first, the environment data, wind farm design data and economic data are obtained.

How is long-term wind power generation potential estimated?

To do so, long-term wind power generation potential is estimated using MCP techniques and the Weibull distribution probability density function to calculate the energy density and estimate energy production. The studies that perform forecasting use a single step (8% of the studies), multiple steps (29%) or do not report the aspect (63%). 3.1.3.

How is wind energy assessed?

The assessment of wind energy requires data collection and the use of analytical methods and techniques to estimate the availability of winds for a wind turbine over its lifetime 7.

What is wind power generation?

Introduction Wind power generation is one of the most mature technologies in the renewable energy field. Benefiting from technological innovation and policy support, the new installed capacity of global wind power is 93.6GW, and the cumulative installed capacity of global wind power has reached 837GW in 2021 .