Incidence of load profiles in the Levelized Cost of Electricity for a wind power generation system located in Lambayeque-Perú.
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Date
2021-07
Journal Title
Journal ISSN
Volume Title
Publisher
LACCEI Inc.
Abstract
In this research work, a comparative cost analysis of electricity produced by a renewable energy system is carried out considering two reference electric load profiles. A 165.4-kWh daily electric load is established on the basis of a community-type profile, with a 20.5-kW peak load and a load factor of 0.34.
Using simulation built-in features from HOMER Pro, optimum sizing for both a load profile driven by night time energy demand and a load profile driven by day time energy demand is carried out. A proposed wind power generation system, for a load driven by night time energy demand, consists of a 168-kW wind power generation system, an 820-kWh storage capacity, and a 90.2-kW DC-AC converter. Also, a proposed wind power generation system, for a load driven by day time energy demand, consists of the same component configuration.
A levelized cost of electricity (LCOE) approach is used for comparison purposes. Also, net present cost (NPC) is calculated for the proposed energy supply alternatives.
It is concluded that for comparative cost analysis key aspects, such electric load profile and its correlation with wind speed availability on hourly basis, may not play a significant role for this particular case. Also, gathering local measured data as opposed to using reference databases could further contribute to optimize sizing of wind power generation systems
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Keywords
Wind Energy, Clean Technology, Cost Analysis, Environmental Sustainability