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A Study on the Wind rower Generation and Its Economic Feasibility at Daekwanryung  

Ha Jeong-woo (Deportment Energy Studies, Graduate School, Ajou University)
Kim Suduk (Deportment Energy Studies, Graduate School, Ajou University)
Publication Information
Journal of Energy Engineering / v.14, no.2, 2005 , pp. 123-132 More about this Journal
Abstract
An economic feasibility study is performed for the wind power generation with the examination of the wind speed and its distribution at Daekwanryung at which a wind fm is under construction. In this analysis, the distribution of wind speed is the key issue. The wind distribution which is usually expressed in terms of Weibull distribution with shape factor and scale factor needs to be reexamined to find the proper values of them according to the empirical wind speed data. After this kind of analysis is done, annual power generation of wind is calculated. Due to the lack of cost information, we applied EWEA data instead or the actual information from the site. The result would be of use to determine the 'reference price' of wind power under the current system of 'compensating subsidy for renewable power generation'.
Keywords
Wind power generation; Economic feasibility; Weibull distribution;
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