Economic Feasibility Analysis of Repowering a Wind Farm in South India

Anand John, Anjali Nair, Antony JK

Abstract: This paper presents an economic feasibility analysis of a wind farm in Thirunelveli district of Tamilnadu State in Southern India. The Data?s were collected from three sites of the same farm to find whether repowering is an economically feasible solution and has been analyzed under two situations. These are the Cost Benefit Analysis of current situation and government wind power subsidy on wind power price for the given wind farm. Results shows that repowering the wind farm is the right move to save energy aswell as to generate a higher profit from the existing wind potential.

Keywords: Windfarm, Economical Feasibility, Cost Benefit Analysis, Subsidy, Higher Profit