Wind Energy Economics
Calculator
This very handy calculator requires a Netscape 3.0 or later browser to work,
but you may read the example in any case. If you are using Navigator 3.0
or later and you see this message, you need to enable JavaScript. Choose
Options | Network Preferences, choose the Languages tab, and click Enable
JavaScript. Then click reload on your browser. Do not operate
the form until this page and its programme have loaded completely. Note :
Prices and costs are examples only. They may not reflect current market
conditions or local site or installation conditions.
You
may experiment by changing the figures in the example below. You can fill
in any box, except the result boxes marked with an asterisk (*). After changing
data, use the tab key, click the Calculate button, or click anywhere on
the page outside the field you have updated to see the results. Click on
the question marks for help.
Investment
with
years expected lifetime
600 kW example
225 kW example
1.5 MW offshore
Clear All Data
Other
wind turbine price
20 %
25 %
30 %
35 %
40 %
Other
installation costs
+
Total investment *
Current
Income and Expenditure per Year
Income
kWh @
per kWh =
Use
% of turbine price for operation & maintenance
Use per kWh (in present day
prices)
Specify total
cost (in present day prices) to the right
-
Total Net Income per Year *
Net
Present Value @
% p.a. real interest rate *
Real
Rate of Return ***
*
Electricity
Cost per kWh** Present value per kWh *
Payments,
(Used for Net Present Value and Real Rate of Return) **
00 Investment (expenditure, therefore always a minus sign)
01 02 03 04 05
06 07 08 09 10
11
12
13
14
15
16
17
18
19
20
21 22 23 24 25
26 27 28 29 30
31 32 33 34 35
36 37 38 39 40
41 42 43 44 45
46 47 48 49 50
* = Boxes marked with an asterisk cannot be changed directly
by the user.
** = These boxes is filled out by the programme, but you may change the
amounts if you wish. The calculation of electricity cost per kWh uses the
same payments as above, but the programme subtracts the electricity sales
income from all non zero payment values in the table, year 01 to year 50.
If you want to be sure what you are doing when computing the electricity
cost per kWh, you should set the income from electricity sales to zero.
*** = To compute the real rate of return you must have entered both expenditures
and income from electricity sales.