TY - JOUR
T1 - Feasibility Study of a 50 MW wind farm project in Pakistan
AU - Yaqoob, Haseeb
AU - Teoh, Yew Heng
AU - Jamil, Muhammad Ahmad
AU - Din, Zia Ud
AU - Ul Hassan, Mehtab
AU - Jamil, Mussadiq
AU - How, Heoy Geok
N1 - Funding Information:
The authors would like to acknowledge the Ministry of Higher Education (MOHE) of Malaysia [Fundamental Research Grant Scheme (FRGS) -203.PMEKANIK.6071444] and Universiti Sains Malaysia (School KPI grant) for financial support toward this study.
Publisher Copyright:
© 2020 PENERBIT AKADEMIA BARU.
PY - 2020
Y1 - 2020
N2 - Wind energy is the most developed source of renewable energy, because of advanced technology, low operational cost, and less environmental impacts as compared to fossil fuels. Due to the electricity load shedding and high carbon emissions, Pakistan direly needs a clean and economical energy source. Pakistan has enormous wind potential, especially in remote areas of Sindh, which can cover the energy demand of the local communities. This paper aims to study the feasibility of the 50 MW wind project in four different geographic locations of Sindh province in Pakistan. The selected sites are technically and financially analyzed in renewable energy technology (RETScreen) software. Financial analysis is also carried out according to the renewable energy policy of Pakistan with the values of the discount rate, debt ratio, and inflation rate. The results showed that all sites are technically and economically feasible, but Hyderabad is the most favorable site with the highest capacity factor of 41.8% and lowest simple and equity payback periods of 7.4 years and 4.9 years, respectively, as compared to the other sites. So, it is concluded that wind energy is the most suitable option as technically and financially in the remote areas of Sindh province in Pakistan.
AB - Wind energy is the most developed source of renewable energy, because of advanced technology, low operational cost, and less environmental impacts as compared to fossil fuels. Due to the electricity load shedding and high carbon emissions, Pakistan direly needs a clean and economical energy source. Pakistan has enormous wind potential, especially in remote areas of Sindh, which can cover the energy demand of the local communities. This paper aims to study the feasibility of the 50 MW wind project in four different geographic locations of Sindh province in Pakistan. The selected sites are technically and financially analyzed in renewable energy technology (RETScreen) software. Financial analysis is also carried out according to the renewable energy policy of Pakistan with the values of the discount rate, debt ratio, and inflation rate. The results showed that all sites are technically and economically feasible, but Hyderabad is the most favorable site with the highest capacity factor of 41.8% and lowest simple and equity payback periods of 7.4 years and 4.9 years, respectively, as compared to the other sites. So, it is concluded that wind energy is the most suitable option as technically and financially in the remote areas of Sindh province in Pakistan.
KW - Carbon emission
KW - Energy financial analysis
KW - Pakistan
KW - Renewable energy
KW - Wind energy
UR - http://www.scopus.com/inward/record.url?scp=85091897351&partnerID=8YFLogxK
U2 - 10.37934/ARFMTS.74.2.2742
DO - 10.37934/ARFMTS.74.2.2742
M3 - Article
AN - SCOPUS:85091897351
SN - 2289-7879
VL - 74
JO - Journal of Advanced Research in Fluid Mechanics and Thermal Sciences
JF - Journal of Advanced Research in Fluid Mechanics and Thermal Sciences
IS - 2
M1 - 2742
ER -
