Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert
This paper presents the technical, financial, and environmental impact assessment of a 50-MW (MW) utility-scale wind farm in Ghana at four locations: Anloga, Atiteti, Sege, and Denu. The monthly average wind speeds recorded at the locations were 6.01 m/s, 5.98 m/s, 5.46 m/s, and 5.17 m/s respectivel...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
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Elsevier
2023-01-01
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Series: | Heliyon |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844023001093 |
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author | Samuel Sarpong Asamoah Joseph Parbey Isaac Kwasi Yankey Alfred Awuah |
author_facet | Samuel Sarpong Asamoah Joseph Parbey Isaac Kwasi Yankey Alfred Awuah |
author_sort | Samuel Sarpong Asamoah |
collection | DOAJ |
description | This paper presents the technical, financial, and environmental impact assessment of a 50-MW (MW) utility-scale wind farm in Ghana at four locations: Anloga, Atiteti, Sege, and Denu. The monthly average wind speeds recorded at the locations were 6.01 m/s, 5.98 m/s, 5.46 m/s, and 5.17 m/s respectively at 60 m above ground level. Capacity factors of 24.9%, 24.4%, 20.6%, and 18.0% were obtained at the locations respectively. The Net Present Value (NPV) was the main financial metric employed to determine the viability of the projects. The results indicated that a potential utility-scale wind project is viable at all locations under study. Furthermore, the Electricity Exported to the Grid and the Electricity Export Rate (EER) had the highest impact of 0.63 and 0.62 on the NPV respectively and therefore these key parameters should be well considered before any potential project implementation. |
first_indexed | 2024-04-10T17:45:39Z |
format | Article |
id | doaj.art-a28149181d204467b4c9d490faa1eb80 |
institution | Directory Open Access Journal |
issn | 2405-8440 |
language | English |
last_indexed | 2024-04-10T17:45:39Z |
publishDate | 2023-01-01 |
publisher | Elsevier |
record_format | Article |
series | Heliyon |
spelling | doaj.art-a28149181d204467b4c9d490faa1eb802023-02-03T04:59:38ZengElsevierHeliyon2405-84402023-01-0191e12902Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® ExpertSamuel Sarpong Asamoah0Joseph Parbey1Isaac Kwasi Yankey2Alfred Awuah3Department of Energy Systems Engineering, Faculty of Engineering, Koforidua Technical University, Ghana; Corresponding author.Department of Energy Systems Engineering, Faculty of Engineering, Koforidua Technical University, Ghana; Industrial Chemistry Section, Department of Chemistry, School of Physical Sciences, College of Agriculture and Natural Sciences, University of Cape Coast, GhanaDepartment of Energy Systems Engineering, Faculty of Engineering, Koforidua Technical University, GhanaDepartment of Environmental Management and Technology, Faculty of Built and Natural Resources, Koforidua Technical University, GhanaThis paper presents the technical, financial, and environmental impact assessment of a 50-MW (MW) utility-scale wind farm in Ghana at four locations: Anloga, Atiteti, Sege, and Denu. The monthly average wind speeds recorded at the locations were 6.01 m/s, 5.98 m/s, 5.46 m/s, and 5.17 m/s respectively at 60 m above ground level. Capacity factors of 24.9%, 24.4%, 20.6%, and 18.0% were obtained at the locations respectively. The Net Present Value (NPV) was the main financial metric employed to determine the viability of the projects. The results indicated that a potential utility-scale wind project is viable at all locations under study. Furthermore, the Electricity Exported to the Grid and the Electricity Export Rate (EER) had the highest impact of 0.63 and 0.62 on the NPV respectively and therefore these key parameters should be well considered before any potential project implementation.http://www.sciencedirect.com/science/article/pii/S2405844023001093Net present valueInternal rate of returnElectricity production costSimple paybackRETScreen ExpertGreenhouse gas emissions |
spellingShingle | Samuel Sarpong Asamoah Joseph Parbey Isaac Kwasi Yankey Alfred Awuah Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert Heliyon Net present value Internal rate of return Electricity production cost Simple payback RETScreen Expert Greenhouse gas emissions |
title | Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert |
title_full | Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert |
title_fullStr | Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert |
title_full_unstemmed | Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert |
title_short | Techno-economic assessment of a central grid-connected wind farm in Ghana using RETScreen® Expert |
title_sort | techno economic assessment of a central grid connected wind farm in ghana using retscreen r expert |
topic | Net present value Internal rate of return Electricity production cost Simple payback RETScreen Expert Greenhouse gas emissions |
url | http://www.sciencedirect.com/science/article/pii/S2405844023001093 |
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