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Economics of Wind turbine as an energy fuel saver – A case study for remote application in oman

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  • Malik, A.
  • Al-Badi, A.H.

Abstract

This paper presents a study carried out to investigate the economics of wind turbine as an energy fuel saver. The load and the wind data is taken from a remote agricultural research station in Oman. Presently, the station is provided with electricity from diesel-engine generating units. The annual peak load and minimum load recorded at the site is 130kW and 28kW respectively. The annual average wind speed at the site is 5.7m/s. A 50-kW wind turbine is selected to demonstrate the economic feasibility of the turbine as a fuel saver. The results show that wind energy utilization is an attractive option with total specific cost of the selected wind turbine ranges between 7.4 and 8.45¢/kWh at 7.55% discount rate comparing to diesel generation operating cost of 14.3¢/kWh, considering the capital cost of diesel units as sunk. The simple payback period of the turbine is between 5.1 and 5.4 years and discounted payback between 6.7 and 8.0 years.

Suggested Citation

  • Malik, A. & Al-Badi, A.H., 2009. "Economics of Wind turbine as an energy fuel saver – A case study for remote application in oman," Energy, Elsevier, vol. 34(10), pages 1573-1578.
  • Handle: RePEc:eee:energy:v:34:y:2009:i:10:p:1573-1578
    DOI: 10.1016/j.energy.2009.07.002
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    1. Sulaiman, M.Yusof & Akaak, Ahmed Mohammed & Wahab, Mahdi Abd & Zakaria, Azmi & Sulaiman, Z.Abidin & Suradi, Jamil, 2002. "Wind characteristics of Oman," Energy, Elsevier, vol. 27(1), pages 35-46.
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    7. Hosseinalizadeh, Ramin & Shakouri G, Hamed & Amalnick, Mohsen Sadegh & Taghipour, Peyman, 2016. "Economic sizing of a hybrid (PV–WT–FC) renewable energy system (HRES) for stand-alone usages by an optimization-simulation model: Case study of Iran," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 139-150.
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    9. AL-Yahyai, Sultan & Charabi, Yassine & Gastli, Adel & Al-Alawi, Saleh, 2010. "Assessment of wind energy potential locations in Oman using data from existing weather stations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(5), pages 1428-1436, June.
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