Econometric Analysis Of Wind Power Generation In Five Selected Cities Of South Western Nigeria

Nze-Esiaga Nnawuike and Okogbue Emmanuel C.::This study analysed the econometrics of wind electricity generation at five selected cities of south western Nigeria which are Abeokuta, Akure, Ikeja, Oshogbo and Ibadan using three wind turbine models of GE 1.5xle, AV 927 and AV 928. 51 years monthly mean wind speed data at 10m height obtained from the Nigeria Meteorological Agency. Results showed that potential exist for electricity generation of between 0.3 and 1.6GWh per month and between 1.5 and 16.8GWh per annum. It was also discovered that better potential exist for wind power generation in the wet season (0.3 - 1.7GWh) than in the dry season (0.2 1.5GWh). The minimum cost of generating 1kWh of wind electricity with the turbine models at the cities was estimated to be 0.01 with a maximum cost of 0.14.

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