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Optimal Design and Economic Evaluation of Energy Supply System from On/Off Shore Wind Farms
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  • Journal title : Korean Chemical Engineering Research
  • Volume 53, Issue 2,  2015, pp.156-163
  • Publisher : The Korean Institute of Chemical Engineers
  • DOI : 10.9713/kcer.2015.53.2.156
 Title & Authors
Optimal Design and Economic Evaluation of Energy Supply System from On/Off Shore Wind Farms
Kim, Minsoo; Kim, Jiyong;
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 Abstract
This paper presents a new framework for design and economic evaluation of wind energy-based electricity supply system. We propose a network optimization (mixed-integer linear programming) model to design the underlying energy supply system. In this model we include practical constraints such as land limitations of onshore wind farms and different costs of offshore wind farms to minimize the total annual cost. Based upon the model, we also analyze the sensitivity of the total annual cost on the change of key parameters such as available land for offshore wind farms, required area of a wind turbine and the unit price of wind turbines. We illustrate the applicability of the suggested model by applying to the problem of design of a wind turbines-based electricity supply problem in Jeju. As a result of this study, we identified the major cost-drivers and the regional cost distribution of the proposed system. We also comparatively analyzed the economic performance of on/off shore wind farms in wind energy-based electricity supply system of Jeju.
 Keywords
Wind Turbine;Energy Supply System;Network Integration;Optimization;Jeju;
 Language
Korean
 Cited by
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