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

Universal Journal of Business and Management | Vol 1, Issue 1

Table 3. Levelized cost of gas power plant and wind power plant

LCOEt($/kWh)LCOEw ($/kWh)Fuel cost
GasWind 660kWWind 2MW
0.0780.0830.083Subsidies (3 cents/m3)
0.3170.0830.08315 cents/m3
0.5560.0990.130 cents/m3
0.7950.1150.11745 cents/m3
1.0340.1310.13460 cents/m3
1.2730.0990.175 cents/m3
1.5120.1150.11790 cents/m3
1.7510.1310.134105 cents/m3