Analysis Model of Wind Power Cost Based on Two-Factor Learning Curve

Jun Jie Kang; Wei Duan; Ming Tao Yao

doi:10.4028/www.scientific.net/AMR.608-609.611

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 608-609Analysis Model of Wind Power Cost Based on...

Analysis Model of Wind Power Cost Based on Two-Factor Learning Curve

Abstract:

The components of wind power cost are analyzed firstly, which provide an intuitive explanation for understanding the composition of wind power generation. And then a two-factor learning curve model is developed for forecasting future price of wind power. We use the model for practical forecasting and simulating wind power cost from 2012 to 2020, the results obtained demonstrate the credibility and validity of the model.

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Periodical:

Advanced Materials Research (Volumes 608-609)

Pages:

611-614

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.608-609.611

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Online since:

December 2012

Authors:

Jun Jie Kang, Wei Duan, Ming Tao Yao

Keywords:

Production Cost, Two-Factor Learning Curve, Wind Power

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