Economic feasibility of owning of a small wind generator

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Economic feasibility of owning of a small wind generator

Hopkins, Mark; Pahwa, Anil

Conference paper

Publication Date: 2009

Conference: 2009 Sustainability Conference, Leading Kansas in Sustainability, Kansas State University, Manhattan, KS, January 23, 2009

Publisher: Kansas State University

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Abstract:

People looking for solutions to global warming and rising energy costs may see solar and wind energy as a high-risk low-reward solution. The aim of this research is to develop a Monte-Carlo based method for determining an expected amount of energy production for these types of systems and to test this method on one type of system.

Keywords: Solar energy; Wind energy; Energy costs; Monte-Carlo methods

URL for this item: http://hdl.handle.net/2097/1251

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