최소자승몬테카를로 시뮬레이션을 이용한 풍력발전설비 투자계획Economic Assessment of a Wind Farm Project Using Least Square Monte-Carlo (LSMC) Simulation
- Other Titles
- Economic Assessment of a Wind Farm Project Using Least Square Monte-Carlo (LSMC) Simulation
- Authors
- 김진아; 이종욱; 이재희; 주성관
- Issue Date
- 2011
- Publisher
- 대한전기학회
- Keywords
- Wind farm investment; Risk factor; LSMC (Least Square Monte-Carlo)
- Citation
- 전기학회논문지, v.60, no.1, pp.32 - 35
- Indexed
- SCOPUS
KCI
- Journal Title
- 전기학회논문지
- Volume
- 60
- Number
- 1
- Start Page
- 32
- End Page
- 35
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/114356
- ISSN
- 1975-8359
- Abstract
- The economic value of a wind farm project is influenced by various risk factors such as wind power output and electricity market price. In particular, there is uncertainty in the economic evaluation of a wind farm project due to uncertain wind power outputs, which are fluctuated by weather factors such as wind speed, and volatile electricity market prices. This paper presents a systematic method to assess the economic value and payback period of a wind farm project using Least Square Monte-Carlo (LSMC) simulation. Numerical example is presented to validate the effectiveness of the proposed economic assessment method for a wind farm project.
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Collections - College of Engineering > School of Electrical Engineering > 1. Journal Articles
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