Wind Turbine Power Production Estimation Analysis In west Bengal

Download or read book Wind Turbine Power Production Estimation Analysis In west Bengal written by Bikram Sen and published by Blue Rose Publishers. This book was released on 2022-06-30 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind farm operators utilize various financial agreements to generate revenue and mitigate risk. These agreements are often based on some estimate of the energy production from the wind farm. A power purchase agreement (PPAs), which is a long- term fixed volume fixed price arrangement, was the most common type of agreement for much of the growth of wind energy in the U.S. Recently, wind turbine power production estimations are relying less on fixed production volumes and PPAs as the basis for energy estimation in financial agreements and more on proxy generation, or an estimate of what the wind farm should make given a set of inflow conditions. These newer types of financial agreements are shifting the focus to when power is produced rather than just how much, and so it is imperative to understand and analyze the errors arising in proxy generation and how it may impact the financial agreements that use proxy generation. This work quantifies the errors in proxy generation and compares two methods of estimating power production, examining the financial impacts of both, for one wind project. These two methods are the nacelle transfer function (NTF) method and the reanalysis data method, which may be used if onsite data is unavailable.