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Economic evaluation of the life cycle of a wind farm and improving the levelized cost of energy in region Champagne-Ardenne, France

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Abstract

This study focused on an industrial area, i.e., Champagne-Ardenne, France, containing 25 wind turbines with a lifespan of 25 years. We assessed the economic situation from the beginning of the operation of this plant to the end of its lifetime using the levelized cost of energy (LCOE) indicator, which assesses the average cost of energy production during a project. We also considered the environmental cost associated with the wind sector. The objective of this study was to explore the effects of all parameters, including the calculation of the LCOE indicator, to provide decision-makers and local authorities with optimization solutions. We also developed an optimization algorithm to provide the best combination of all LCOE parameters for producing sustainable energy at the lowest cost.

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Authors and Affiliations

  1. Electro-Technical Engineering Laboratory, Faculty of Technology, University of Saida, Saïda, Algeria

    Abdelouahab Zaoui & Rachid Meziane

  2. Charles Delaunay Institute, LM2S/STMR, CNRS, University of Technology of Troyes, Troyes, France

    Eric Chatelet

  3. Intelligent Control and Electric Power System Laboratory (ICEPS), Djillali Liabes University of Sidi-Bel-Abbes, Sidi Bel Abbes, Algeria

    Fatiha Lakdja

  4. Department of Electrical Engineering, University of Saida, Saïda, Algeria

    Abdelouahab Zaoui, Rachid Meziane & Fatiha Lakdja

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  2. Rachid Meziane
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Zaoui, A., Meziane, R., Chatelet, E. et al. Economic evaluation of the life cycle of a wind farm and improving the levelized cost of energy in region Champagne-Ardenne, France. Int J Energy Environ Eng 13, 255–265 (2022). https://doi.org/10.1007/s40095-021-00425-w

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