Group items tagged

The wind is an increasingly significant source of energy with the rising price of non-renewable fuels. The purpose of this project is to determine the specific intensity and frequency of wind speed required to sustain a large-scale wind farm with power output on the order of hundreds of megawatts. To this end, a non-deterministic methodology will be developed to analyze the viability of wind energy systems. A deterministic analysis method considers the majority of design parameters to be known or fixed and may only perform trade studies on a few parameters at a time to optimize performance. In the case of the energy market though, this is not an advantageous strategy since several factors related to economic viability such as energy prices, interest rates, government incentives, acquisition costs and maintenance are highly variable and cannot be assumed to be known. A non-deterministic, statistical approach to wind turbine design has the advantage of predicting with corresponding levels of certainty the power output and economic viability of an energy system. The primary goal of this project is to define the envelope of operating conditions for a large-scale wind project while considering variables of both engineering and economic significance. The National Renewable Energy Laboratory’s (NREL) Hybrid Optimization Model for Electric Renewables (HOMER) will be incorporated into the previous analysis using YawDyn and PROPID to determine the economic returns on investment in hypothetical financing cases. Cost factors will now be assigned a mean value along with a probability distribution. Monte Carlo simulations will be run for a large number of variations in the assumed economic and engineering variables to develop an accurate estimate of the price per kilowatt-hour of energy produced from the simulated wind project for a variety of site conditions with the goal of finding the most suitable environment for sustainable wind development.

Small-scale wind energy (wind turbines <50kW rated capacity) is receiving increasing interest as one of a number of microgeneration technologies with potential to reduce carbon emissions. Recent years have seen new products being made available on the UK market, which a survey by the British Wind Energy Association (BWEA) suggests is growing quickly.

The company developing the technology is called Lloyd Energy Systems, which is prototyping solar energy storage, a wind-to-heat plant and a small-scale plant that combines water treatment, energy storage and steam turbine generation.The company has received a $5 million Federal Government grant as part of its advanced energy storage technology program in the western NSW town of Lake Cargelligo, with Country Energy agreeing to purchase the power generated. Lloyd Energy also has an agreement with Ergon Energy in Queensland to build a $30million plant at Cloncurry in Queensland, partially funded by the Queensland state government, which the Sydney Morning Herald reported on last year.