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Authors: Christos S. Ioakimidis 1 ; Fivos Galatoulas 1 and Robert R. Porter 2

Affiliations: 1 Research Institute for Energy and University of Mons, Belgium ; 2 Illinois Institute of Technology, United States

Keyword(s): Case Study, Energy economics, Financial Study, Wind Amplified Rotor Platform, Wind Power.

Related Ontology Subjects/Areas/Topics: Economic Models of Energy Efficiency ; Energy and Economy ; Energy-Aware Systems and Technologies ; Greener Systems Planning and Design ; Renewable Energy Resources

Abstract: A probabilistic method based on the Weibull distribution for predicting the economic performance and reliability of small autonomous wind energy conversion (WEC) systems is described. These systems contain WARP (Wind Amplified Rotor Platform), an adaptable design of wind generator, along with the WARP-GT (generation-transmission) system which combines both electricity generation through wind energy conversion and electric power transmission. Furthermore, this work explores the use of pumped-storage, aiming to firm up the intermittent nature of the system. Results of this prediction are applied in the cost estimation of an investment from the private owner view. The cost estimation is based on a power law ratio for industrial equipment. Results are presented for two case studies located in Greek islands.

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Paper citation in several formats:
Ioakimidis, C.; Galatoulas, F. and Porter, R. (2018). Evaluation of Small Modular Wind Energy Conversion System. In Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS; ISBN 978-989-758-292-9; ISSN 2184-4968, SciTePress, pages 278-285. DOI: 10.5220/0006774502780285

@conference{smartgreens18,
author={Christos S. Ioakimidis. and Fivos Galatoulas. and Robert R. Porter.},
title={Evaluation of Small Modular Wind Energy Conversion System},
booktitle={Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS},
year={2018},
pages={278-285},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006774502780285},
isbn={978-989-758-292-9},
issn={2184-4968},
}

TY - CONF

JO - Proceedings of the 7th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS
TI - Evaluation of Small Modular Wind Energy Conversion System
SN - 978-989-758-292-9
IS - 2184-4968
AU - Ioakimidis, C.
AU - Galatoulas, F.
AU - Porter, R.
PY - 2018
SP - 278
EP - 285
DO - 10.5220/0006774502780285
PB - SciTePress