Journal of Power System Engineering (동력기계공학회지)

The Korean Society for Power System Engineering (한국동력기계공학회)
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Economic analysis of jeju offshore pilot run wind farm by sensitivity analysis

민감도 분석을 적용한 제주 연안 풍력단지 설계의 경제성 분석

  • Lee, K.H. (Graduate School, JeJu National University) ;
  • Park, J.H. (Graduate School, JeJu National University) ;
  • Jin, J.W. (Technology Research Center, TaiHan Electric Wire Co. Ltd.) ;
  • Kwon, K.R. (Major of Mechanical Engineering, JeJu National University) ;
  • Choi, K.H. (Major of Mechatronics Engineering, JeJu National University)
  • 이경현 (제주대학교 풍력특성화 협동과정) ;
  • 박재희 (제주대학교 풍력특성화 협동과정) ;
  • 진정운 (대한전선 기술연구소) ;
  • 권기린 (제주대학교 기계시스템공학과) ;
  • 최경현 (제주대학교 메카트로닉스공학과)
  • Received : 2012.04.23
  • Accepted : 2012.07.27
  • Published : 2012.10.31
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Abstract

In this paper, the offshore wind farms have been designed by using WindPRO with the help of real wind data measurements at Jeju Costal area by calculating the annual energy production for exact economic evaluation. In order to achieve benefit of wind farm, the annual revenue for power generation have been calculated with SMP and REC value. And construction cost has derived from the real wind farm project case. Also O&M cost has been estimated by OMCE (Operating & Maintenance Cost Estimator) to get accurate cost of wind farm. Economic evaluation of wind farms have been performed by comparing above parameters. In addition, sensitivity analysis calculating the effect of these factors has also been carried out.

Keywords

References

  1. L.W.M.M. Rademakers, 2011 "Properties of the O&M Cost Estimator (OMCE)" ECN, Netherlands, pp. 4-12
  2. Keum-Seok Kang, 2011, "Economic Analysis of Offshore Wind Farm considering Domestic Delvelopment Conditions of Korea", Korea Wind Energy Jounal, vol. 2, No.1, pp. 37-43
  3. Karlynn Cory, Paul Schwabe, 2009, "Wind Levelized Cost of Energy: A Comparison of Technical and Financing Input Variables, NREL, America
  4. Eeckhout, B. V. (2008). The economic value of VSC HVDC compared to HVAC for offshore wind farms. K. U. Leuven(master thesis). pp.70-78

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