We delivered a comprehensive assessment of the feasibility of small to medium scale wind turbines at the Parkville and Dookie Campuses as part of a program of works under Stage 1 Clean Energy Finance Corporation (CEFC) funding.
We determined the cost savings of the project by modelling wind turbine performance generated by local wind speeds, according to the Victorian Wind Speed Atlas, and cross referencing against contractual and forecast electricity costs. This provided the basis for determining the payback period and Return on Investment over the lifespan of the project.
In our Feasibility Report we provided an in-depth financial summary of the potential for small and medium sized wind turbines at the Dookie campus only as we determined the Parkville Campus to be financially inviable. We provided lessons learnt from case studies of similarly scaled wind projects to complement our findings.
The recommendations in our assessment were adopted by the University of Melbourne resulting in a focus on the Dookie campus for future wind turbine installation.
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