Assessment of the Economic Viability of Low Power Wind Farms in Mexico

Authors

Keywords:

annual energy production, economic analysis, interconnection contracts, wind farm, wind resource assessment

Abstract

In this paper, it is presented the methodology for assessing the economic viability of low-power wind farms in Mexico. The main expanses considered as input parameters in the economic model are the capital costs, the operation and maintenance costs and the financial costs. The annual energy production of the wind farm is another input parameter of the economic model that is calculated with the evaluation of the wind resource at a given site, the number of wind turbines and the power curve of the wind turbine. The annual income of a low power wind farm is estimated through the type of interconnection contract and the energy sale price. The proposed economic model also includes the calculation of taxes and incentives based on Mexican laws. The assessment of economic viability is applied for planning a low-power wind farm project of 200-kW in the state of Oaxaca, Mexico. This assessment of economic viability includes the comparison of two types of interconnection contracts for distribution.

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Author Biographies

REYNALDO IRACHETA CORTEZ, Catedras CONAHCYT-Universidad del Istmo

Reynaldo Iracheta Cortez (M’09, SM’21) obtained the degree of D. Sc. in Electrical Engineering at CINVESTAV Guadalajara, Mexico in 2013. He did studies of M. Sc. in Electrical Engineering and B. Sc. in Mechanical and Electrical Engineering at the Autonomous University of Nuevo Leon. Actually, he is a researcher CONAHCYT at Universidad del Istmo, Campus Tehuantepec.

Iridian Karime Angeles Pérez, Universidad del Istmo

Ángeles Pérez (M’22) obtained the bachelor’s degree in Energy Engineering from the Metropolitan Polytechnic University of Hidalgo in 2020. Actually, she is pursuing a Master of Science in Wind Energy at Universidad del Istmo Tehuantepec campus in Oaxaca. His line of research is focused on the analysis of the technical-economic viability of wind farms interconnected to the medium voltage electrical network in Mexico.

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Published

2024-03-13

How to Cite

IRACHETA CORTEZ, R., & Angeles Pérez, I. K. (2024). Assessment of the Economic Viability of Low Power Wind Farms in Mexico. IEEE Latin America Transactions, 22(4), 329–338. Retrieved from https://latamt.ieeer9.org/index.php/transactions/article/view/8504

Issue

Section

Electric Energy