Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia

Solvita Klavina-Makrecka; Aivo Jasevičs; Laila Zemite

doi:10.1109/EEEIC/ICPSEurope51590.2021.9584516

Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia

Solvita Klavina-Makrecka (Corresponding Author)
, Aivo Jasevičs
, Laila Zemite

Rīga Stradiņš University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

2 Citations (Scopus)

Abstract

The article analyzes the investment profitability of wind turbine installation for households, evaluating several cases. These calculations were based on the hourly electricity consumption of Latvian users and NordPool electricity prices. In the article, calculations are made for economic criteria - net present value (NPV), profitability index (PI), payback time, levelized cost of energy (LCOE) and internal rate of return. The result is data that helps to understand the situation in the household if they choose to install wind turbines and whether they need support mechanisms. Legislators can work with the data to improve support mechanisms. In addition, the impact of wind generators on human health is being assessed.

Original language	English
Title of host publication	21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings
Editors	Zbigniew M. Leonowicz
Place of Publication	Piscataway
Publisher	Institute of Electrical and Electronics Engineers Inc.
Number of pages	6
ISBN (Electronic)	9781665436120
DOIs	https://doi.org/10.1109/EEEIC/ICPSEurope51590.2021.9584516
Publication status	Published - 2021
Event	21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - online, Bari, Italy Duration: 7 Sept 2021 → 10 Sept 2021 https://www.ieee-pes.org/meetings-and-conferences/conference-calendar/monthly-view/166-technically-cosponsored-by-pes/1007-2021-ieee-international-conference-on-environment-and-electrical-engineering-and-2021-ieee-industrial-and-commercial-power-systems-europe-eeeic-i-cps-europe https://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=9584561

Publication series

Name	21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings

Conference

Conference	21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021
Country/Territory	Italy
City	Bari
Period	7/09/21 → 10/09/21
Internet address	https://www.ieee-pes.org/meetings-and-conferences/conference-calendar/monthly-view/166-technically-cosponsored-by-pes/1007-2021-ieee-international-conference-on-environment-and-electrical-engineering-and-2021-ieee-industrial-and-commercial-power-systems-europe-eeeic-i-cps-europe https://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=9584561

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being
SDG 7 Affordable and Clean Energy

Keywords*

health hazards
net present value
payback time
wind turbines

Field of Science*

2.2 Electrical engineering, Electronic engineering, Information engineering

Publication Type*

3.1. Articles or chapters in proceedings/scientific books indexed in Web of Science and/or Scopus database

Access to Document

10.1109/EEEIC/ICPSEurope51590.2021.9584516

Cite this

Klavina-Makrecka, S., Jasevičs, A., & Zemite, L. (2021). Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia. In Z. M. Leonowicz (Ed.), 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings (21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/EEEIC/ICPSEurope51590.2021.9584516

Klavina-Makrecka, Solvita ; Jasevičs, Aivo ; Zemite, Laila. / Evaluation of economic benefits and health hazards of small wind turbines : Case study of Latvia. 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings. editor / Zbigniew M. Leonowicz. Piscataway : Institute of Electrical and Electronics Engineers Inc., 2021. (21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings).

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abstract = "The article analyzes the investment profitability of wind turbine installation for households, evaluating several cases. These calculations were based on the hourly electricity consumption of Latvian users and NordPool electricity prices. In the article, calculations are made for economic criteria - net present value (NPV), profitability index (PI), payback time, levelized cost of energy (LCOE) and internal rate of return. The result is data that helps to understand the situation in the household if they choose to install wind turbines and whether they need support mechanisms. Legislators can work with the data to improve support mechanisms. In addition, the impact of wind generators on human health is being assessed.",

keywords = "health hazards, net present value, payback time, wind turbines",

author = "Solvita Klavina-Makrecka and Aivo Jasevi{\v c}s and Laila Zemite",

note = "Funding Information: The research has been supported by the National Research Programme, project ?Trends, Challenges and Solutions. of Latvian Gas Infrastructure Development? (LAGAS) (No. VPP-EM-INFRA-2018/1-0003) and by the Latvian Council of Science ?Management and Operation of an Intelligent Power System (I-POWER)? project No. lzp-2018/1-0066. Funding Information: The research has been supported by the National Research Programme, project “Trends, Challenges and Solutions. of Latvian Gas Infrastructure Development” (LAGAS) (No. VPP-EM-INFRA-2018/1-0003) and by the Latvian Council of Science “Management and Operation of an Intelligent Power System (I-POWER)” project No. lzp-2018/1-0066. Publisher Copyright: {\textcopyright} 2021 IEEE; 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 ; Conference date: 07-09-2021 Through 10-09-2021",

year = "2021",

doi = "10.1109/EEEIC/ICPSEurope51590.2021.9584516",

language = "English",

series = "21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

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booktitle = "21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings",

address = "United States",

url = "https://www.ieee-pes.org/meetings-and-conferences/conference-calendar/monthly-view/166-technically-cosponsored-by-pes/1007-2021-ieee-international-conference-on-environment-and-electrical-engineering-and-2021-ieee-industrial-and-commercial-power-systems-europe-eeeic-i-cps-europe, https://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=9584561",

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Klavina-Makrecka, S, Jasevičs, A & Zemite, L 2021, Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia. in ZM Leonowicz (ed.), 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings. 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings, Institute of Electrical and Electronics Engineers Inc., Piscataway, 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021, Bari, Italy, 7/09/21. https://doi.org/10.1109/EEEIC/ICPSEurope51590.2021.9584516

Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia. / Klavina-Makrecka, Solvita (Corresponding Author); Jasevičs, Aivo; Zemite, Laila.
21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings. ed. / Zbigniew M. Leonowicz. Piscataway: Institute of Electrical and Electronics Engineers Inc., 2021. (21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

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T2 - 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021

AU - Klavina-Makrecka, Solvita

AU - Jasevičs, Aivo

AU - Zemite, Laila

N1 - Funding Information: The research has been supported by the National Research Programme, project ?Trends, Challenges and Solutions. of Latvian Gas Infrastructure Development? (LAGAS) (No. VPP-EM-INFRA-2018/1-0003) and by the Latvian Council of Science ?Management and Operation of an Intelligent Power System (I-POWER)? project No. lzp-2018/1-0066. Funding Information: The research has been supported by the National Research Programme, project “Trends, Challenges and Solutions. of Latvian Gas Infrastructure Development” (LAGAS) (No. VPP-EM-INFRA-2018/1-0003) and by the Latvian Council of Science “Management and Operation of an Intelligent Power System (I-POWER)” project No. lzp-2018/1-0066. Publisher Copyright: © 2021 IEEE

PY - 2021

Y1 - 2021

N2 - The article analyzes the investment profitability of wind turbine installation for households, evaluating several cases. These calculations were based on the hourly electricity consumption of Latvian users and NordPool electricity prices. In the article, calculations are made for economic criteria - net present value (NPV), profitability index (PI), payback time, levelized cost of energy (LCOE) and internal rate of return. The result is data that helps to understand the situation in the household if they choose to install wind turbines and whether they need support mechanisms. Legislators can work with the data to improve support mechanisms. In addition, the impact of wind generators on human health is being assessed.

AB - The article analyzes the investment profitability of wind turbine installation for households, evaluating several cases. These calculations were based on the hourly electricity consumption of Latvian users and NordPool electricity prices. In the article, calculations are made for economic criteria - net present value (NPV), profitability index (PI), payback time, levelized cost of energy (LCOE) and internal rate of return. The result is data that helps to understand the situation in the household if they choose to install wind turbines and whether they need support mechanisms. Legislators can work with the data to improve support mechanisms. In addition, the impact of wind generators on human health is being assessed.

KW - health hazards

KW - net present value

KW - payback time

KW - wind turbines

UR - https://www.scopus.com/pages/publications/85126451199

U2 - 10.1109/EEEIC/ICPSEurope51590.2021.9584516

DO - 10.1109/EEEIC/ICPSEurope51590.2021.9584516

M3 - Conference contribution

AN - SCOPUS:85126451199

T3 - 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings

BT - 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings

A2 - Leonowicz, Zbigniew M.

PB - Institute of Electrical and Electronics Engineers Inc.

CY - Piscataway

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ER -

Klavina-Makrecka S, Jasevičs A, Zemite L. Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia. In Leonowicz ZM, editor, 21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings. Piscataway: Institute of Electrical and Electronics Engineers Inc. 2021. (21st IEEE International Conference on Environment and Electrical Engineering and 2021 5th IEEE Industrial and Commercial Power System Europe, EEEIC / I and CPS Europe 2021 - Proceedings). doi: 10.1109/EEEIC/ICPSEurope51590.2021.9584516

Evaluation of economic benefits and health hazards of small wind turbines: Case study of Latvia

Abstract

Publication series

Conference

UN SDGs

Keywords*

Field of Science*

Publication Type*

Access to Document

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