Table 4: WARP System and COE for the Island of Syros -
3,300 kW Wind Power Production - 7.5 m/s mean
windspeed - 5 module (cont.).
Cost per kW €3,500
Cost per Unit €332,000
Cost per Module €49,000
A
O&M
Cost €12,000
Annual Energy Production 4,600,000 kWh/yr
Cost-of Energy €0.052/kWh
B/C
ratio
1.9>1 (profitable)
A
rev
€4,500,000
SPP 5.1 years
6 CONCLUSIONS
The Weibull distribution has been developed and
applied for predicting the performance and the
reliability of small autonomous systems consisting
of WARP and WARP-GT. Applications in wind
power plants using two examples show SPP from
5.1 to 5.3 years. While these payback periods are
somewhat long compared with convention energy
systems, for renewable energy they are sufficiently
promising to justify further investigation.
The use of a combined pumped-storage wind-
powered facility has been developed in a large scale
system using a modular windmill consisting of a
total wind capacity of 7.5 MW. An application of
this system was made using a Greek island as an
example, while its wind characteristics had already
been given in a previous paper. Despite the fact that
the difference of the day-time generation cost and
the night-time generation cost is not large, the results
of this large scale system show that this investment
could be profitable. Hence as a system, this
combination can be applied at many Greek islands in
the summer periods, where usually there is an
increase of the load demand. The use of this storage
energy for the peak load demand would then reduce
or even replace fossil fuel, which is costly at the
Greek islands while an economic analysis based on a
power law ratio could be applied.
ACKNOWLEDGEMENTS
This research was funded by the EC under the FP7
RE-SIZED 621408 (Research Excellence for
Solutions and Implementation of Net-Zero Energy
City Districts) project.
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