Economic Feasibility of Grid Connected Wind Energy System in Syria

Recently, a theoretical study estimates the wind potential in Syria by 80000 MW nearly. However, the feasible potential is 5000 to 8000 MW that can be exploited effectively. This paper focuses on the economic and financial assessments for wind energy in Syria. For this purpose, an economic feasibility study is conducted for one of the most promising wind sites in Syria; Sindianeh site. The feasibility study finds that the levelized cost of energy of an onshore wind farm is around 0.074$ per kWh including tax credits. This low fee of the produced energy makes high power wind energy systems competitive solutions, which are even cheaper than new traditional fuel plants or others renewable energy systems.