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Economic Analysis of Wind Energy Potential in the Archipelago Tourism Area


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DOI: https://doi.org/10.15866/iree.v18i5.22956

Abstract


Aceh Singkil has been developed as a tourist destination that has great potential to bring in foreign exchange. Currently, electricity consumption in this area is only supplied by diesel power plants. Therefore, the development of renewable energy sources as a source of electricity is urgently needed. Based on the availability of sources and small environmental impact, Wind Power Plants (WPP) have great energy potential to be explored. This study will discuss the economic analysis and the potential of energy resources in the archipelago. The method used in this study is a quantitative type with data processing and a descriptive approach. The results of this study have showed that the average wind speed has been 7.93 m/s (50 meters high) with an estimated energy output of 31.165 kWh/year and an hourly production of 3.36 kWh. The maximum production scale is 12.0 kW/h and production is 0.277 $/kWh. The total energy cost per kWh is $1.86, the total initial investment for this WPP system is $78,336.36. The overall NPV of this system is $98,582.07 and operating costs are $1,566.09. This shows that wind energy in the area can be utilized as an alternative energy with the classification of small wind turbines (class III).
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Keywords


Renewable Energy; Wind Power Plant; Archipelago; Economic Analysis; Wind Energy Potential

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References


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