Title :
Wind Power in Ontario: An Economical Valuation
Author :
Albadi, M.H. ; El-Saadany, E.F.
Author_Institution :
Dept. of Electr. & Comput. Eng., Univ. of Waterloo, Waterloo, ON
Abstract :
This paper presents an economical valuation for wind energy projects according to the Ontario´s feed-in tariff, the Standard Offer Program (SOP). The study is done for different wind turbines and different wind speed scenarios. Given turbine and wind speed data, the Capacity Factor (CF) of each turbine at each site was calculated. Net Present Value (NPV) and Internal Rate of Return (IRR) for different scenarios were calculated.
Keywords :
power generation economics; wind power; wind power plants; wind turbines; IRR; NPV; Ontario feed-in tariff; SOP; capacity factor; economical valuation; internal rate-return; net present value; standard offer program; wind power; wind speed scenario; wind turbine; Cost accounting; Power generation economics; Power supplies; Power system economics; Wind energy; Wind energy generation; Wind forecasting; Wind power generation; Wind speed; Wind turbines; IRR; NPV; Wind Power; capacity factor; economic valuation; wind power modeling;
Conference_Titel :
Electrical Power Conference, 2007. EPC 2007. IEEE Canada
Conference_Location :
Montreal, Que.
Print_ISBN :
978-1-4244-1444-4
Electronic_ISBN :
978-1-4244-1445-1
DOI :
10.1109/EPC.2007.4520382
