About Measures for wind power companies to compete for power generation
Factors that impact a firm’s success by these measures include cost management strategies, availability of skilled research personnel, hiring practices for local labor, and secure supply of high-qu.
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6 FAQs about [Measures for wind power companies to compete for power generation]
Why are wind power companies specific in production of electricity?
Wind power companies are specific in production of electricity primarily because they do not cause the cost of energy resource or fuel and require a minimal (or not at all) labour force in electricity generation from wind power.
How are wind power projects allocated?
In principle, the competitive allocation of wind power projects is organized by the provincial energy authorities。 (2) Projects recommended by the municipal (county) energy authority。
Why is performance evaluation of wind power companies important?
Efficiency of the energy sector and related renewable electricity segments has been a theme of interest for the academia as well as decision makers for long time. The performance evaluation of wind power companies is of considerable importance for all stakeholders to know whether they have managed their assets efficiently.
How can wind power companies improve their efficiency?
In addition to the relative efficiency results of each wind power company, by means of projections on the efficiency frontier, sources and amounts of relative inefficiency were determined, which represent potential improvements for all inefficient wind power companies.
How can climate modelling improve wind energy production?
The evolution of climate modelling to increasingly address mesoscale processes is providing improved projections of both wind resources and wind turbine operating conditions, and will contribute to continued reductions in the levelized cost of energy from wind power generation.
How can we measure the efficiency of wind farms and wind turbines?
To the best of authors’ knowledge, in the literature can be found only two studies measuring the relative efficiency of wind farms and wind turbines by using DEA method, and one study assessing the performance of wind farms by using stochastic frontier models.