A large fraction of small wind projects turn out to be subpar financial investments because of simple mistakes made in the initial phases of project development. This entry focuses on those common mistakes and provides simple steps that can be taken to ensure a more viable project from the performance and financial perspectives. For more details see the associated whitepaper.
Small turbines, with power ratings of less than 100KW, are being installed at a rapid pace. These wind projects are being used to power small businesses, buildings, malls, houses and a variety of other applications. Unlike the multi-million dollar large scale projects that undergo rigorous wind resource, siting, and financial assessments, small wind projects undergo significantly less analysis and preparation. The end result generally reflects the lack of preparation, as turbines produce less energy than advertised.
In order to attain on par financial performance of small wind projects the following due diligence must be performed:
- Ensure that the energy production used in the calculation is based on your local wind conditions and based on independently tested or certified power curve.
- Ensure that the wind speeds used in the calculations have been verified through onsite measurement or some other means.
- A location has been chosen that will receive unobstructed wind and minimum turbulence from obstacles and local vegetation.
- Ensure that the turbine is well built and is suitable for your environment and,
- Check if the turbine is certified; if it is not, obtain test results
If the proper due diligence is not performed you are likely to be negatively surprised by the results.
Article written by Dr. Pramod Jain
Email Pramod at pramod@frombeginningtowind.com
