Levelized Cost of Energy Analysis of a Wind Power Generation System at Búrfell in Iceland

• Published in: Energies
• Main Authors: Birgir Ragnarsson, Gudmundur Oddsson, Runar Unnthorsson, Birgir Hrafnkelsson
• Format: Text
• Language: English
• Published: Multidisciplinary Digital Publishing Institute 2015
• Subjects: wind energy; levelized cost of energy (LCOE); annual energy production (AEP); modified Weibull; Iceland; Búrfell
• Online Access: https://doi.org/10.3390/en8099464

Wind energy harnessing is a new energy production alternative in Iceland. Current installed wind power in Iceland sums to 1.8 MW, which in contrast is 0.1% of the country’s total electricity production. This article is dedicated to the exploration of the potential cost of wind energy production at B...