Economic analysis for a wind turbine in Vadravadra Village in Fiji

Prasad, R. D., Bansal, R. C. and Sauturaga, M. (2009) Economic analysis for a wind turbine in Vadravadra Village in Fiji. International Journal of Agile Systems and Management, 4 1/2: 41-59. doi:10.1504/IJASM.2009.023246

Author Prasad, R. D.
Bansal, R. C.
Sauturaga, M.
Title Economic analysis for a wind turbine in Vadravadra Village in Fiji
Journal name International Journal of Agile Systems and Management   Check publisher's open access policy
ISSN 1741-9182
Publication date 2009
Sub-type Article (original research)
DOI 10.1504/IJASM.2009.023246
Volume 4
Issue 1/2
Start page 41
End page 59
Total pages 19
Place of publication United Kingdom
Publisher Inderscience
Language eng
Subject 0906 Electrical and Electronic Engineering
Abstract With nearly 90% of all the life cycle costs (LCC) of a wind power plant being upfront, the financial and economic viability of electricity generation from wind energy is dependent on the level and extent of energy content in wind prevalent at a particular site and also on the payment expected for power generated. This paper presents a brief overview on the economics of wind energy conversion systems (WECS). This paper also presents an economic analysis on two cases: 1 for a wind turbine alone installed at Vadravadra site in Gau Island in Fiji; 2 for a hybrid of wind-diesel configuration. A number of economic related parameters were calculated for the two cases. RETScreen software was also used to perform economic analysis on the wind turbine installed at the site and it was compared with the economic analysis done using cash flow.
Keyword economic analysis
wind turbines
wind energy
wind power
energy costs
life cycle costs
electricity generation
energy economics
energy conversion
Q-Index Code C1
Q-Index Status Provisional Code

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Information Technology and Electrical Engineering Publications
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