Abstract
Considering the increasing energy costs and decarbonization requirements of the energy sector, economical and sustainable power supplies have gained significant attention for the long-term development of energy-intensive industries. With advancements in wind power generation technology, the integration of local wind resources present a viable solution for providing clean power for industrial production while reducing electricity costs, grid dependence, and emissions. This study aimed to develop an assessment method to evaluate the techno-economic feasibility and environmental benefits of a large-scale grid-integrated wind power plant for industrial applications. In this study, a case study of oilfield electrification in Northeast China was conducted. The internal rate of return (IRR) was used as the primary indicator for techno-economic evaluations. Additionally, a sensitivity analysis was conducted to investigate the impact of wind curtailment and carbon price variations on the IRR of the proposed power plant. The results indicated that despite the wind curtailment challenge, the wind power plant maintained an IRR exceeding 6%, with carbon benefits of approximately 32,000 t CO2 reduction per year and nearly $440,000 in annual revenue, demonstrating the economic viability and sustainability of large-scale wind power plant deployment for energy-intensive industrial applications.
