Simulation of Wind Power Generation System and Clean Development Mechanism for Electrification in Nazareth Site
No Thumbnail Available
Date
2011-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
In this thesis, the wind speed data measured by the GTZ TERNA program is used
to assess the energy output for a hypothetical 51 MW installed capacity wind farm
at Nazareth site. Using the RETScreen model, the energy output of the wind farm is
presented in terms of gross energy production, renewable energy delivered, specific
yield and wind farm capacity factor. The energy output analysis is done using four
wind energy conversion systems of rated capacity 600, 800, 1000 and 1500 kW. The
RETScreen model is used to perform the financial feasibility analysis of the wind
farm at this site, likewise the sensitivity and risk analyses are performed.
Furthermore, a Clean Development Mechanism (CDM) assessment is performed for
this wind park. The net annual and total revenue generated from Certified
Emission Reduction sales is calculated assuming Certified Emission Reduction
prices of $6. The application of subsides on capital finance to the up-front and Clean
Development Mechanism periodic cost are considered in order to evaluate the
impacts of Certified Emission Reductions on project viability.
Description
Keywords
Energy Technology