How Profitable are Wind Turbine Projects? An Empirical Analysis of a 3.5 MW Wind Farm In Ireland.
With many electricity markets worldwide deregulated or in the process of deregulation, the opportunity for smaller independent generators to provide power to their local power system has increased. For smaller independent wind developers assessing the feasibility of a large scale wind farm project is vitally important due to significant risk associated with the investment. This paper presents a longitudinal case study of a 3.5 MW wind farm situated in the North East of Ireland utilising multiple
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Wind Energy Research and DevelopmentAerospace EngineeringWind powerOffshore wind powerPayback periodElectricityTurbineProject commissioningInvestment (military)Electricity marketNameplate capacityDeregulationEngineeringEnvironmental economicsBusinessOperations managementProduction (economics)Electricity generationEconomicsPower (physics)PublishingElectrical engineeringMicroeconomicsMarket economy
