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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
김진아이종욱이재희주성관
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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공과대학 (전기전자공학부)
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