Recent Advances in the Implementation of Wind Energy in Iran
Recent Advances in the Implementation of Wind Energy in Iran
Recent Advances in the Implementation of Wind Energy in Iran
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The 2 nd Jo<strong>in</strong>t International Conference on “Susta<strong>in</strong>able <strong>Energy</strong> and Environment (SEE 2006)”<br />
21-23 November 2006, Bangkok, Thailand<br />
The generation cost <strong>of</strong> w<strong>in</strong>d energy (g) is estimated by follow<strong>in</strong>g simple<br />
expression :<br />
g = [C a<br />
/( AUE.A. AF)] + m (5)<br />
AF is <strong>the</strong> annuity factor which is given by <strong>the</strong> follow<strong>in</strong>g formula:<br />
AF = [1+ (1+i) –n ] / i (6)<br />
The operat<strong>in</strong>g & ma<strong>in</strong>tenance cost (m) is assumed to be 2% <strong>of</strong> <strong>the</strong><br />
<strong>in</strong>vestment costs.<br />
m = 2% [C a<br />
/ (AUE.A)] (7)