An empirical study of technical and economical characteristics for wind farm installation in Karnataka

Abstract

Karnataka is a southwest state of India; the wind data’s have been collected for different locations and sites in Karnataka and among these four sites have been considered for turbine Installation. Factory sectors in Karnataka have a fair opportunity to set upwind turbines at identified wind potential locations as a substitute for CO2 release and green energy source which will meet a part of its power requirements. The power produced can be supplied to the state grid or directly utilized, if supplied to state grid authorities will provide equivalent prize reduction for the factory, this way the factory has either contributed to the emissions they have created and also find opportunity in making a profit for the excess power produced. This paper discusses the Opportunities/economics, an establishment or organization in Karnataka to gain carbon footprints and achieve profitability levels by establishing a wind turbine and the identified locations.The establishment of a wind power plant also involves processes like site selection, turbine selection, wind economics, and wind analysis, wildlife risks, profit margins, etc. The process of site selection can be done by analyzing wind data collected from identified places and also by the creation of mathematical models for each site. Different mathematical models which have been reported in the last few years have been discussed here, these mathematical models and works of literature have been used for identifying wind potential sites. An analysis has also been carried out for a factory which requires around 60–68 lakh units of power a year and after installation of wind turbines 80% of power was met by these turbines. The economics and payback period can also be found out more accurately with the facts provided here. The mathematical models provided here can be used to check the accuracy of a given value and compare it to the theoretical values of any wind data.