An Economic Evaluation of the use of Wind Farms in Iran, Taking into Account the Effect of Energy Price Liberalization Policy
Table 2.
Model input data for comparative study of gas power plant and windpower plant
|
| unit |
Large scale gas |
Wind 660kW |
Wind 2MW |
Parameter |
|
|
| |
100 |
100.32 |
100 |
Total capacity (MW) |
|
| |
4 |
152 |
50 |
Number |
|
| |
25 |
0.66 |
2 |
Unit capacity (MW) |
|
| |
|
Vestas - V47 |
Vestas - V90 |
Model |
|
| % |
36 |
26 |
35 |
Capacity factor (CF) |
|
| % |
15 |
15 |
15 |
Adjustment coefficient |
|
| % |
15 |
- |
- |
Fuel adjustment coefficient |
|
| $/Mbtu |
22.6229 |
- |
- |
Real fuel cost (FC) |
|
| $/Mbtu |
4.1 |
- |
- |
Fuel cost (FC) |
|
| $/Mbtu |
8.6457 |
- |
- |
Real gas cost (FC) |
|
| $/Mbtu |
0.81 |
- |
- |
Gas cost (FC) |
|
| Mbtu/kWh |
0.012 |
- |
- |
Heat rate (HR) |
|
| Gr/mbtu |
76969.5 |
- |
- |
Emission |
|
| $/gr |
0.011 |
0 |
- |
Environmental cost (WED) |
|
| hr |
7358.4 |
8497.2 |
8497.2 |
Operating hours (HY) |
|
| $/kWy |
- |
30 |
30 |
Fixed Maintenance Cost (FOM) |
|
| $/kWh |
0.1898018 |
0.8 |
0.8 |
Variable Maintenance Cost (VOM) |
|
| Year |
1 |
2 |
2 |
Construction time |
|
| $/kW |
229.824 |
600 |
1350 |
Total initial cost of the plant (TPC) |
|
| Year |
15 |
20 |
20 |
Power Plant Lifespan (PL) |
|
| % |
20 |
20 |
20 |
Discount rate (R) |
|
| % |
6.7 |
5 |
5 |
Depreciation rate (DR) |
|
|
|
