Economics of grid-connected small wind turbines in the domestic market
Conference
·
OSTI ID:758361
Exploitation of certain niche markets for small wind turbines is one strategy that could help speed the commercialization of grid-connected small turbines. The authors review the world's turbine manufacturers, the utility grid-connected applications and selected niche markets for grid-connected small wind systems (0.1 to 100 kilowatts). Wind turbine installation and purchase are handled under three different payment scenarios: paid in full up front, paid through a second mortgage, or paid as part of a first mortgage. The authors used a simple payback method to compare these scenarios and analyze the costs and energy produced for three different U.S. small wind turbines. When there is a buy-down program for the small wind turbine combined with other financial factors such as net metering, tax exemptions, and tax credits, a strong market incentive is created for the use of grid-connected small wind turbines.
- Research Organization:
- National Renewable Energy Lab., Golden, CO (US)
- Sponsoring Organization:
- US Department of Energy (US)
- DOE Contract Number:
- AC36-99GO10337
- OSTI ID:
- 758361
- Report Number(s):
- NREL/CP-500-26975
- Country of Publication:
- United States
- Language:
- English
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