ECONOMIC ASPECTS OF WIND POWERGENERATION
| Author(s) | : | G.C.Biswal, S.P.Shukla |
| Institution | : | Department of Electrical Engineering, BIT,Durg(India) |
| Published In | : | Vol. 1, Issue 8 — August 2014 |
| Page No. | : | 155-161 |
| Domain | : | Engineering |
| Type | : | Research Paper |
| ISSN (Online) | : | 2348-4470 |
| ISSN (Print) | : | 2348-6406 |
Wind energy, commonly recognized to be a clean and environmentally friendly renewable energy resource that canreduce our dependency on fossil fuels. Its mature technology and comparatively low cost make it promising as an importantprimary energy source in the future. India ranks fifth in the world with an installed capacity of about 21421 MW till mid2014. Many options can be effectively used to meet the future power needs of a country in ways which would be moreeconomically viable, environmentally sound, and socially justified. A least-cost generation expansion planning study can beconducted to find the economic feasibility of large scale integration of wind farms in the main interconnected transmissionsystem. This paper aims to provide an economic overview of world wind energy scenarios, the current status of wind turbinedevelopment, various financial aspects in developing the wind farms and a briefly focuses to their environmental impacts
G.C.Biswal, S.P.Shukla, “ECONOMIC ASPECTS OF WIND POWERGENERATION”, International Journal of Advance Engineering and Research Development (IJAERD), Vol. 1, Issue 8, pp. 155-161, August 2014.
