An Economic Evaluation of the use of Wind Farms in Iran, Taking into Account the Effect of Energy Price Liberalization Policy

Table 3.

Levelized cost of gas power plant and wind power plant

LCOEt($/kWh) LCOEw ($/kWh) Fuel cost

Gas Wind 660kW Wind 2MW

0.078 0.083 0.083 Subsidies (3 cents/m3)
0.317 0.083 0.083 15 cents/m3
0.556 0.099 0.1 30 cents/m3
0.795 0.115 0.117 45 cents/m3
1.034 0.131 0.134 60 cents/m3
1.273 0.099 0.1 75 cents/m3
1.512 0.115 0.117 90 cents/m3
1.751 0.131 0.134 105 cents/m3