Chapter 9: Cost of Wind Energy Modeling
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Fraunhofer Institute for Energy Economy and Energy System Technology
- Norweigan Water Resources and Energy Directorate
- Lawrence Berkeley National Laboratory
This chapter focuses on considerations made when modeling cost of energy to be used in any of the abovementioned applications. The level of fidelity required to model each of the four, primary cost of energy elements depends on the characteristics of the wind power plant under consideration. Some 'top-down' models utilize empirical data to reflect currently installed wind power plants, while physics -based, or 'bottom up,' models may be implemented to estimate aspects of future wind-power-plant technology. Regardless of the ultimate application of cost of energy modeling, it is important to carefully assess the wind-power-plant characteristics to determine the type of model and the level of fidelity required to represent each of the four cost of energy elements.
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE)
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 1580481
- Report Number(s):
- NREL/CH-6A20-72771
- Country of Publication:
- United States
- Language:
- English
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