Economic performance indicators of wind energy based on wind speed stochastic modeling
| Autor: | Filippo Petroni, Guglielmo D'Amico, Flavio Prattico |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Engineering
Wind power Meteorology business.industry Mechanical Engineering Computation Indexed semi-Markov chains Monte Carlo method Building and Construction Management Monitoring Policy and Law Wind speed General Energy Monte Carlo simulation Financial indicators Econometrics Production (economics) Profitability index Performance indicator business Energy (signal processing) |
| Zdroj: | Applied Energy. 154:290-297 |
| ISSN: | 0306-2619 |
| Popis: | We propose the computation of different wind energy production indicators and financial profitability of potential wind power sites. The computation is performed by modeling the wind speed process as an indexed semi-Markov chain to predict and simulate the wind speed dynamics. We demonstrate that the indexed semi-Markov chain approach enables reproducing the indicators calculated on real data. Two different time horizons of 15 and 30 years are analyzed. In the first case we consider the government incentives on the energy price now present in Italy, while in the second case the incentives have not been taken into account. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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