Economic Aspects of Electricity Production in Wind Power Plants

The goal of this paper is to examine key economic aspects related to onshore wind power plants and their evolution over the years.such as the Levelized Cost of Electricity (LCOE), total costs associated with wind power plant construction in various countries, operational and maintenance costs incurred throughout the lifecycle of wind turbines, and the potential for job creation within the wind energy sector. Finally, the paper will present a conclusion regarding the economic viability of wind power plants.