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Evaluation of wind energy investment interest and electricity generation cost analysis for Turkey

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  • Akdag, Seyit Ahmet
  • Güler, Önder

Abstract

Turkey has remarkable wind energy potential, but its utilisation rate is very low. However, in 2007, energy investors applied to the Energy Market Regulatory Authority (EMRA) with 751 wind projects to obtain a 78180.2Â MW wind power plant license. This paper first presents an overview of wind energy development in the world and then reviews related situations in Turkey. Second, to motivate the interest in wind energy investment, new wind power plant license applications in Turkey are analysed. Finally, wind electricity generation cost analyses were performed at 14 locations in Turkey. Capacity factors of investigated locations were calculated between 19.7% and 56.8%, and the production cost of electrical energy was between 1.73 and 4.99Â $cent/kWÂ h for two different wind shear coefficients.

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  • Akdag, Seyit Ahmet & Güler, Önder, 2010. "Evaluation of wind energy investment interest and electricity generation cost analysis for Turkey," Applied Energy, Elsevier, vol. 87(8), pages 2574-2580, August.
  • Handle: RePEc:eee:appene:v:87:y:2010:i:8:p:2574-2580
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    9. Islam, M.R. & Saidur, R. & Rahim, N.A., 2011. "Assessment of wind energy potentiality at Kudat and Labuan, Malaysia using Weibull distribution function," Energy, Elsevier, vol. 36(2), pages 985-992.
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    15. Ohunakin, S. Olayinka & Ojolo, S. Joshua & Ogunsina, S. Babatunde & Dinrifo, R. Rufus, 2012. "Analysis of cost estimation and wind energy evaluation using wind energy conversion systems (WECS) for electricity generation in six selected high altitude locations in Nigeria," Energy Policy, Elsevier, vol. 48(C), pages 594-600.
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