A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions: Price of electricity =$0.05 I kWhr Rate of return = 66% r = 5 percent/yr, the real rate of interest (1) Estimate the net yearly income from the system. (2)Estimate the return of investment. (3)Estimate the present value of electricity.
A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions: Price of electricity =$0.05 I kWhr Rate of return = 66% r = 5 percent/yr, the real rate of interest (1) Estimate the net yearly income from the system. (2)Estimate the return of investment. (3)Estimate the present value of electricity.
Power System Analysis and Design (MindTap Course List)
6th Edition
ISBN:9781305632134
Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Chapter2: Fundamentals
Section: Chapter Questions
Problem 2.16P: A single-phase, 120V(rms),60Hz source supplies power to a series R-L circuit consisting of R=10 and...
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A wind energy system has been designed for 20 years of operation . The designed system has a wind turbine of power 600 kW with a capacity factor of 28.54% which costs $450,000. The installation place has the following terms and conditions:
- Price of electricity =$0.05 I kWhr
- Rate of return = 66%
- r = 5 percent/yr, the real rate of interest
(1) Estimate the net yearly income from the system.
(2)Estimate the return of investment.
(3)Estimate the present value of electricity.
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