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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.creator Marjan, Ali
dc.creator Shafiee, Mahmood
dc.date 2018-11-22T20:14:47Z
dc.date 2018-11-22T20:14:47Z
dc.date 2019-10-29
dc.date.accessioned 2022-05-25T16:40:07Z
dc.date.available 2022-05-25T16:40:07Z
dc.identifier Ali 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 2955
dc.identifier 1996-1073
dc.identifier https://doi.org/10.3390/en11112955
dc.identifier http://dspace.lib.cranfield.ac.uk/handle/1826/13671
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/182525
dc.description This 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.
dc.language en
dc.publisher MDPI
dc.rights Attribution 4.0 International
dc.rights http://creativecommons.org/licenses/by/4.0/
dc.subject wind turbine
dc.subject LIDAR
dc.subject wind farm
dc.subject wind resource analysis
dc.subject price of electricity
dc.subject green certificate
dc.subject performance
dc.title 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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