Economics of grid-connected small wind turbines in the domestic market

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Exploitation of certain niche markets for small wind turbines is one strategy that could help speed the commercialization of grid-connected small turbines. The authors review the world's turbine manufacturers, the utility grid-connected applications and selected niche markets for grid-connected small wind systems (0.1 to 100 kilowatts). Wind turbine installation and purchase are handled under three different payment scenarios: paid in full up front, paid through a second mortgage, or paid as part of a first mortgage. The authors used a simple payback method to compare these scenarios and analyze the costs and energy produced for three different U.S. small wind ... continued below

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Forsyth, T.; Tu, P. & Gilbert, J. June 29, 2000.

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Exploitation of certain niche markets for small wind turbines is one strategy that could help speed the commercialization of grid-connected small turbines. The authors review the world's turbine manufacturers, the utility grid-connected applications and selected niche markets for grid-connected small wind systems (0.1 to 100 kilowatts). Wind turbine installation and purchase are handled under three different payment scenarios: paid in full up front, paid through a second mortgage, or paid as part of a first mortgage. The authors used a simple payback method to compare these scenarios and analyze the costs and energy produced for three different U.S. small wind turbines. When there is a buy-down program for the small wind turbine combined with other financial factors such as net metering, tax exemptions, and tax credits, a strong market incentive is created for the use of grid-connected small wind turbines.

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  • AWEA WindPower '99 Conference, Burlington, VT (US), 06/20/1999--06/23/1999

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  • Report No.: NREL/CP-500-26975
  • Grant Number: AC36-99GO10337
  • Office of Scientific & Technical Information Report Number: 758361
  • Archival Resource Key: ark:/67531/metadc704245

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  • June 29, 2000

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  • Sept. 12, 2015, 6:31 a.m.

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  • March 31, 2016, 6:17 p.m.

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Forsyth, T.; Tu, P. & Gilbert, J. Economics of grid-connected small wind turbines in the domestic market, article, June 29, 2000; Golden, Colorado. (digital.library.unt.edu/ark:/67531/metadc704245/: accessed August 18, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.