Performance of Wind Turbine Generators from MONTE CARLO SIMULATION of Wind Speed

February 6th, 2015 No Comments   Posted in Monte Carlo Simulation

Performance of Wind Turbine Generators from MONTE CARLO SIMULATION of Wind Speed

Be a wind energy and power generation expert.

Follow the methodology and explanation below. Get hold of the advanced tools too, namely:

 

1) Wind energy resource monitoring (from wind anemometer measurements and data logger or wind map and resource providers such as 3-TIER, NREL, etc.)

2) Monte Carlo Simulation of wind speed (wind speed = average wind speed +/- standard deviation)

3) Annual power generation using power curve of wind turbine model and calculation of capacity factor

4) Overnight capital cost per kW of major wind turbine manufacturers

5) Project finance modeling (deterministic and stochastic with Monte Carlo Simulation) More »

Evaluating Renewable Energy Potential and Project Economics Made Easy

September 5th, 2010 No Comments   Posted in feed-in tariff

Evaluating Renewable Energy Potential and Project Economics Made Easy

Your energy technology selection expert wishes to announce the latest release of renewable energy (RE) project finance and energy resource evaluation tools, specifically for evaluating the performance of RE hybrid combinations such as minihydro-diesel, solar PV-diesel, wind-diesel PV and biomass gasification-diesel generation for off-grid as well as on-grid systems.  The model will calculate the RE resource potential, predict the annual generation, and then calculate annual average capacity factors.

For off-grid, the model evaluates also the optimum fossil fuel back-up support so that the RE (minihydro, solar, wind, biomass) hybrid system will provide 24/7 hours of affordable and reliable electricity service.

Don’t waste your time evaluating the RE potential using obsolete and un-integrated software that are site and technology specific.  In just a few minutes and few hours, you could run a series of wind site evaluations which compares the wind power levelized selling price (tariff) to your country’s diesel power generation cost or feed-in tariff.

It’s now the right time to change to the fully-integrated multi-site RE hybrid evaluation tools. More »