Your company is considering the installation of a 2 MW wind turbine with a rotor diameter of 90 m in a location with average wind v = 8.5 m/s.  The turbine has a cut-in velocity of 5 m/s and a cut-out velocity of 25 m/s.  The capacity factor is 0.45. The installed cost of the turbine is $3,500,000.  Operating expenses are $225,000 per year.  The system has a power coefficient (electric power generated divided by wind power) of 0.45.  What price would you have to get for the electricity you produce to obtain a 10% return on the plant investment assuming a project lifetime of 20 years? Use the tables for the cumulative wind power distribution in the notes on wind probability to answer this question.  Assume an air density of 1.225 kg/m3

Power System Analysis and Design (MindTap Course List)
6th Edition
ISBN:9781305632134
Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Chapter2: Fundamentals
Section: Chapter Questions
Problem 2.21P: An industrial plant consisting primarily of induction motor loads absorbs 500 kW at 0.6 power factor...
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Your company is considering the installation of a 2 MW wind turbine with a rotor diameter of 90 m in a location with average wind v = 8.5 m/s.  The turbine has a cut-in velocity of 5 m/s and a cut-out velocity of 25 m/s.  The capacity factor is 0.45. The installed cost of the turbine is $3,500,000.  Operating expenses are $225,000 per year.  The system has a power coefficient (electric power generated divided by wind power) of 0.45. 

  • What price would you have to get for the electricity you produce to obtain a 10% return on the plant investment assuming a project lifetime of 20 years? Use the tables for the cumulative wind power distribution in the notes on wind probability to answer this question.  Assume an air density of 1.225 kg/m3.

 

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