Abstract

This work is focused on CO2 credit rate impact application as one of the most feasible technology to make the wind turbines cost effective for power generation. Wind energy is clean, infinite and environment friendly source of energy. However, wind energy systems, alone or hybrid systems have a high potential to reduce CO2 emissions, fuel and total cost of the system compared to the other options applied historically in power sector. Such systems are foreseen to play a key role in a stable, costless and emission-less way especially in large scale applications. The performance, availability, costs and carbon intensity of wind power indicate that CO2 credit rate can make a very substantial contribution to reduce carbon emissions and gain the security of investment of RES technologies. The other options applied would deliver only partial emission reductions, therefore, are not sufficient to attain the 2030 national energy goals so they have to rely on renewable energy technologies. Policy makers and interest parties/investors need to focus unerringly on scaling up the actual developed few options consistent with reaching the zero-emission goal.