Economic analysis of using of wind energy,

ABSTRACT: Climate change, global warming, and the recent world wide economic crisis have emphasized the need for low carbon emissions while also ensuring economic feasibility. In this paper, the status and wind power potential of the city of Ballade in Mazandaran province in Iran was investigated. The technical and economical feasibility of wind turbine installation is presented. The potential of wind power generation was statistically analyzed. The mean wind speed data of three-hour interval long term period from 2006 to 2009 was adopted and analyzed in order to determine the potential of wind power generation. With the average wind power density of 147 it is found that the city is not an appropriate place for construction of large-scale wind power plants, but is suitable for employment of off-grid electrical and mechanical wind driven systems. An economic evaluation was done in order to show feasibility of installing wind turbines. It was concluded that it costs US$ 1.28 for 1 kW h which is more than the market price. Each turbine of 340 kw can supply power for washer, water pump, TV, lighting, electrical fan, charger, and air conditioning units for small houses. In order to utilize wind energy in the region, it is recommended to install small size wind turbines for electricity supply of public and public buildings and private houses.