These are notes for my wind turbine independent study with Jeff Dusek.
## 9/24/2020
### Financing
Our revenue is the production of net electricity in Wh (Annual Energy Production): Capacity of Farm __x__ 8760h __x__ capacity factor 0.25
__1 - Simple payback time (SPT)__
Simplistic Calculation
- estimate of annual production in Wh
- annual revenue - production x energy sale price
- annual operating costs
__2 - Net present value (NPV)__
(revenue - costs) - original investment</br>
if less than 0, probably not profitable
excel has NPV function
__3 - Levelised cost of Energy (LCoE)__
goal is to find cost per MWh that can be used for comparison: <br/>
(Capital Investment + Operational Costs + Decommissioning Cost)/ MWh
### Wind Lift on Solar Panel Plate