Evaluation of wind resources and the effect of market price components on wind-farm income: a case study of Ørland in Norway

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dc.contributor.authorMarjan, Ali
dc.contributor.authorShafiee, Mahmood
dc.date.accessioned2018-11-22T20:14:47Z
dc.date.available2018-11-22T20:14:47Z
dc.date.issued2019-10-29
dc.description.abstractThis paper aims to present a detailed analysis of the performance of a wind-farm using the wind turbine power measurement standard IEC61400-12-1 (2017). Ten minutes averaged wind data are obtained from LIDAR over the period of twelve months and it is compared with the 38 years’ data from weather station with the objective of determining the wind resources at the wind-farm. The performance of one of the wind turbines located in the wind-farm is assessed by comparing the wind power potential of the wind turbine with its actual power production. Our analysis shows that the wind farm under study is rated as ‘good’ in terms of wind power production and has wind power density of 479 W/m2. The annual wind-farm’s income is estimated based on the real-data collected from the wind turbines. The effect of price of electricity and the spot prices of Norwegian-Swedish green certificate on the income will be illustrated by means of a Monte-Carlo Simulation (MCS) approach. Our study provides a different perspective of wind resource evaluation by analyzing LIDAR measurements using Windographer and combines it with the lesser explored effects of price components on the income using statistical tools.en_UK
dc.identifier.citationAli Marjan and Mahmood Shafiee. Evaluation of wind resources and the effect of market price components on wind-farm income: a case study of Ørland in Norway. Energies, 2018, Volume 11, Issue 11, Article number 2955en_UK
dc.identifier.issn1996-1073
dc.identifier.urihttps://doi.org/10.3390/en11112955
dc.identifier.urihttp://dspace.lib.cranfield.ac.uk/handle/1826/13671
dc.language.isoenen_UK
dc.publisherMDPIen_UK
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectwind turbineen_UK
dc.subjectLIDARen_UK
dc.subjectwind farmen_UK
dc.subjectwind resource analysisen_UK
dc.subjectprice of electricityen_UK
dc.subjectgreen certificateen_UK
dc.subjectperformanceen_UK
dc.titleEvaluation of wind resources and the effect of market price components on wind-farm income: a case study of Ørland in Norwayen_UK

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