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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 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) |