A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study
A novel analytical method is proposed to find the reliability, the average failure rate, and the operation and maintenance costs (OMCs) of wind turbine generator based on the site wind data. The failure rate function is developed using wind turbine failure frequency distribution, published by Renewa...
Gespeichert in:
| Veröffentlicht in: | IEEE transactions on energy conversion 2010-03, Vol.25 (1), p.161-167 |
|---|---|
| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext bestellen |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 167 |
|---|---|
| container_issue | 1 |
| container_start_page | 161 |
| container_title | IEEE transactions on energy conversion |
| container_volume | 25 |
| creator | Joshi, D.R. Jangamshetti, S.H. |
| description | A novel analytical method is proposed to find the reliability, the average failure rate, and the operation and maintenance costs (OMCs) of wind turbine generator based on the site wind data. The failure rate function is developed using wind turbine failure frequency distribution, published by Renewable Energy Information System on Internet, Germany. The presented method works computationally fast and does not require large wind data input, which is a requirement of many existing, commercially available simulation methods. The annually increasing OMCs, computed by this method, give better financial assessment of the wind power projects. The method presented is implemented on an Indian wind site. OMCs are obtained for 20 years. Results match the actual field data, for the survey period, barring their warranty period. It is hoped that the proposed method helps financial investors and equity holders for a better financial assessment of the wind power projects at planning stage. |
| doi_str_mv | 10.1109/TEC.2009.2032591 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_RIE</sourceid><recordid>TN_cdi_proquest_miscellaneous_743716833</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ieee_id>5342492</ieee_id><sourcerecordid>743716833</sourcerecordid><originalsourceid>FETCH-LOGICAL-c360t-69fcc0f5abce4d525abe741be3cb35ed8f2f08dd1e0b0979eb2079b20a71a2463</originalsourceid><addsrcrecordid>eNqNkU1P3DAQhq2qldhS7ki9-NRyCYy_4vi4jRZaCdiVAHGMHHtSgkK8jb2t9sRfx7CoR8RlZjTzvCPNvIQcMjhmDMzJ9aI-5gAmB8GVYR_IjClVFQDKfCQzqCpVVKY0e-RzjPcATCrOZuRxTi_DXxzoBaa74GkKdBFT_2AT0nSHdPntgtYhpki7ML10TvvRjq63A10Ndhz78TcN3cvkth89XYV_ONHVFO7RZdUPG9HTMO6GV2tEX8xpnbv0Km389gv51Nkh4sFr3ic3p4vr-mdxvjz7Vc_PCydKSEVpOuegU7Z1KL3iuUAtWYvCtUKhrzreQeU9Q2jBaIMtB21ysJpZLkuxT77v9q6n8GeDMTUPfXQ45BMwbGKjpdJMG5DvIIVmZSVEJo_eJFlpuOBSK5VR2KFuCjFO2DXrKT952jYMmmf_muxf8-xf8-pflnzdSXpE_I8rIbnMa58AEA-VLg</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1692324755</pqid></control><display><type>article</type><title>A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study</title><source>IEEE Electronic Library (IEL)</source><creator>Joshi, D.R. ; Jangamshetti, S.H.</creator><creatorcontrib>Joshi, D.R. ; Jangamshetti, S.H.</creatorcontrib><description>A novel analytical method is proposed to find the reliability, the average failure rate, and the operation and maintenance costs (OMCs) of wind turbine generator based on the site wind data. The failure rate function is developed using wind turbine failure frequency distribution, published by Renewable Energy Information System on Internet, Germany. The presented method works computationally fast and does not require large wind data input, which is a requirement of many existing, commercially available simulation methods. The annually increasing OMCs, computed by this method, give better financial assessment of the wind power projects. The method presented is implemented on an Indian wind site. OMCs are obtained for 20 years. Results match the actual field data, for the survey period, barring their warranty period. It is hoped that the proposed method helps financial investors and equity holders for a better financial assessment of the wind power projects at planning stage.</description><identifier>ISSN: 0885-8969</identifier><identifier>EISSN: 1558-0059</identifier><identifier>DOI: 10.1109/TEC.2009.2032591</identifier><identifier>CODEN: ITCNE4</identifier><language>eng</language><publisher>IEEE</publisher><subject>Assessments ; Average failure rate ; Computation ; Costs ; Failure analysis ; Failure rates ; financial assessment ; Financial management ; Frequency ; Internet ; Maintenance ; Mathematical analysis ; operation and maintenance costs (OMCs) ; Power system reliability ; reliability ; Wind energy ; Wind energy generation ; Wind power ; Wind power generation ; Wind speed ; Wind turbines</subject><ispartof>IEEE transactions on energy conversion, 2010-03, Vol.25 (1), p.161-167</ispartof><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c360t-69fcc0f5abce4d525abe741be3cb35ed8f2f08dd1e0b0979eb2079b20a71a2463</citedby><cites>FETCH-LOGICAL-c360t-69fcc0f5abce4d525abe741be3cb35ed8f2f08dd1e0b0979eb2079b20a71a2463</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://ieeexplore.ieee.org/document/5342492$$EHTML$$P50$$Gieee$$H</linktohtml><link.rule.ids>314,776,780,792,27903,27904,54736</link.rule.ids><linktorsrc>$$Uhttps://ieeexplore.ieee.org/document/5342492$$EView_record_in_IEEE$$FView_record_in_$$GIEEE</linktorsrc></links><search><creatorcontrib>Joshi, D.R.</creatorcontrib><creatorcontrib>Jangamshetti, S.H.</creatorcontrib><title>A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study</title><title>IEEE transactions on energy conversion</title><addtitle>TEC</addtitle><description>A novel analytical method is proposed to find the reliability, the average failure rate, and the operation and maintenance costs (OMCs) of wind turbine generator based on the site wind data. The failure rate function is developed using wind turbine failure frequency distribution, published by Renewable Energy Information System on Internet, Germany. The presented method works computationally fast and does not require large wind data input, which is a requirement of many existing, commercially available simulation methods. The annually increasing OMCs, computed by this method, give better financial assessment of the wind power projects. The method presented is implemented on an Indian wind site. OMCs are obtained for 20 years. Results match the actual field data, for the survey period, barring their warranty period. It is hoped that the proposed method helps financial investors and equity holders for a better financial assessment of the wind power projects at planning stage.</description><subject>Assessments</subject><subject>Average failure rate</subject><subject>Computation</subject><subject>Costs</subject><subject>Failure analysis</subject><subject>Failure rates</subject><subject>financial assessment</subject><subject>Financial management</subject><subject>Frequency</subject><subject>Internet</subject><subject>Maintenance</subject><subject>Mathematical analysis</subject><subject>operation and maintenance costs (OMCs)</subject><subject>Power system reliability</subject><subject>reliability</subject><subject>Wind energy</subject><subject>Wind energy generation</subject><subject>Wind power</subject><subject>Wind power generation</subject><subject>Wind speed</subject><subject>Wind turbines</subject><issn>0885-8969</issn><issn>1558-0059</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2010</creationdate><recordtype>article</recordtype><sourceid>RIE</sourceid><recordid>eNqNkU1P3DAQhq2qldhS7ki9-NRyCYy_4vi4jRZaCdiVAHGMHHtSgkK8jb2t9sRfx7CoR8RlZjTzvCPNvIQcMjhmDMzJ9aI-5gAmB8GVYR_IjClVFQDKfCQzqCpVVKY0e-RzjPcATCrOZuRxTi_DXxzoBaa74GkKdBFT_2AT0nSHdPntgtYhpki7ML10TvvRjq63A10Ndhz78TcN3cvkth89XYV_ONHVFO7RZdUPG9HTMO6GV2tEX8xpnbv0Km389gv51Nkh4sFr3ic3p4vr-mdxvjz7Vc_PCydKSEVpOuegU7Z1KL3iuUAtWYvCtUKhrzreQeU9Q2jBaIMtB21ysJpZLkuxT77v9q6n8GeDMTUPfXQ45BMwbGKjpdJMG5DvIIVmZSVEJo_eJFlpuOBSK5VR2KFuCjFO2DXrKT952jYMmmf_muxf8-xf8-pflnzdSXpE_I8rIbnMa58AEA-VLg</recordid><startdate>201003</startdate><enddate>201003</enddate><creator>Joshi, D.R.</creator><creator>Jangamshetti, S.H.</creator><general>IEEE</general><scope>97E</scope><scope>RIA</scope><scope>RIE</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SP</scope><scope>7SU</scope><scope>7TB</scope><scope>8FD</scope><scope>C1K</scope><scope>F28</scope><scope>FR3</scope><scope>H8D</scope><scope>KR7</scope><scope>L7M</scope><scope>7ST</scope><scope>7TG</scope><scope>7U6</scope><scope>KL.</scope></search><sort><creationdate>201003</creationdate><title>A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study</title><author>Joshi, D.R. ; Jangamshetti, S.H.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c360t-69fcc0f5abce4d525abe741be3cb35ed8f2f08dd1e0b0979eb2079b20a71a2463</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2010</creationdate><topic>Assessments</topic><topic>Average failure rate</topic><topic>Computation</topic><topic>Costs</topic><topic>Failure analysis</topic><topic>Failure rates</topic><topic>financial assessment</topic><topic>Financial management</topic><topic>Frequency</topic><topic>Internet</topic><topic>Maintenance</topic><topic>Mathematical analysis</topic><topic>operation and maintenance costs (OMCs)</topic><topic>Power system reliability</topic><topic>reliability</topic><topic>Wind energy</topic><topic>Wind energy generation</topic><topic>Wind power</topic><topic>Wind power generation</topic><topic>Wind speed</topic><topic>Wind turbines</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Joshi, D.R.</creatorcontrib><creatorcontrib>Jangamshetti, S.H.</creatorcontrib><collection>IEEE All-Society Periodicals Package (ASPP) 2005-present</collection><collection>IEEE All-Society Periodicals Package (ASPP) 1998-Present</collection><collection>IEEE Electronic Library (IEL)</collection><collection>CrossRef</collection><collection>Electronics & Communications Abstracts</collection><collection>Environmental Engineering Abstracts</collection><collection>Mechanical & Transportation Engineering Abstracts</collection><collection>Technology Research Database</collection><collection>Environmental Sciences and Pollution Management</collection><collection>ANTE: Abstracts in New Technology & Engineering</collection><collection>Engineering Research Database</collection><collection>Aerospace Database</collection><collection>Civil Engineering Abstracts</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>Environment Abstracts</collection><collection>Meteorological & Geoastrophysical Abstracts</collection><collection>Sustainability Science Abstracts</collection><collection>Meteorological & Geoastrophysical Abstracts - Academic</collection><jtitle>IEEE transactions on energy conversion</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Joshi, D.R.</au><au>Jangamshetti, S.H.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study</atitle><jtitle>IEEE transactions on energy conversion</jtitle><stitle>TEC</stitle><date>2010-03</date><risdate>2010</risdate><volume>25</volume><issue>1</issue><spage>161</spage><epage>167</epage><pages>161-167</pages><issn>0885-8969</issn><eissn>1558-0059</eissn><coden>ITCNE4</coden><abstract>A novel analytical method is proposed to find the reliability, the average failure rate, and the operation and maintenance costs (OMCs) of wind turbine generator based on the site wind data. The failure rate function is developed using wind turbine failure frequency distribution, published by Renewable Energy Information System on Internet, Germany. The presented method works computationally fast and does not require large wind data input, which is a requirement of many existing, commercially available simulation methods. The annually increasing OMCs, computed by this method, give better financial assessment of the wind power projects. The method presented is implemented on an Indian wind site. OMCs are obtained for 20 years. Results match the actual field data, for the survey period, barring their warranty period. It is hoped that the proposed method helps financial investors and equity holders for a better financial assessment of the wind power projects at planning stage.</abstract><pub>IEEE</pub><doi>10.1109/TEC.2009.2032591</doi><tpages>7</tpages></addata></record> |
| fulltext | fulltext_linktorsrc |
| identifier | ISSN: 0885-8969 |
| ispartof | IEEE transactions on energy conversion, 2010-03, Vol.25 (1), p.161-167 |
| issn | 0885-8969 1558-0059 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_743716833 |
| source | IEEE Electronic Library (IEL) |
| subjects | Assessments Average failure rate Computation Costs Failure analysis Failure rates financial assessment Financial management Frequency Internet Maintenance Mathematical analysis operation and maintenance costs (OMCs) Power system reliability reliability Wind energy Wind energy generation Wind power Wind power generation Wind speed Wind turbines |
| title | A Novel Method to Estimate the O&M Costs for the Financial Planning of the Wind Power Projects Based on Wind Speed-A Case Study |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-25T01%3A57%3A12IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_RIE&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=A%20Novel%20Method%20to%20Estimate%20the%20O&M%20Costs%20for%20the%20Financial%20Planning%20of%20the%20Wind%20Power%20Projects%20Based%20on%20Wind%20Speed-A%20Case%20Study&rft.jtitle=IEEE%20transactions%20on%20energy%20conversion&rft.au=Joshi,%20D.R.&rft.date=2010-03&rft.volume=25&rft.issue=1&rft.spage=161&rft.epage=167&rft.pages=161-167&rft.issn=0885-8969&rft.eissn=1558-0059&rft.coden=ITCNE4&rft_id=info:doi/10.1109/TEC.2009.2032591&rft_dat=%3Cproquest_RIE%3E743716833%3C/proquest_RIE%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1692324755&rft_id=info:pmid/&rft_ieee_id=5342492&rfr_iscdi=true |