A Novel 10 kW Vertical Axis Wind Tree Design: Economic Feasibility Assessment

Abstract

A novel, small-scale vertical axis wind turbine tree was designed using turbines combining both Darrieus and Savonius blades. We tested for economic viability using wind data collected at a site in Surat Thani, Thailand. The Weibull distribution and Monte Carlo modeling with financial indices (Levelized Cost of Electricity (LCOE), Net Present Value (NPV), Internal Rate of Return (IRR), and Simple Payback Period (SPP)) were used to analyze data. We found that monthly mean wind speeds varied from 2.35 m/s in October to 2.84 m/s in February, corresponding to a wind power of 28.43 W/m2 and 42.68 W/m2. The average annual power output was 1446.1 kWh for May 2019 to April 2021. Results show that for turbine cut-in to cut-out speeds (2 m/s to 15 m/s), the prototype has potential economic feasibility (NPV > 0 for 64.93%), although the small capacity of the wind tree, in combination with the low average wind speed at the Surat Thani test site, showed a lack of economic viability at this specific location (NPV = USD − 20,946.29). A higher-wind-speed location (Chiang Mai) showed viability, especially at a 10 m height (NPV > 0 for 84.83%). We discuss potential conditions that would make broader use of the prototype feasible.