Doubly fed induction generators (DFIGs) are widely used in wind power systems; hence their reliability model is
an important consideration for production assessment and economic analysis of wind energy conversion systems.
However, to date mutual influences of reliability analysis, production estimations and economic assessments of wind
farms have not been fully investigated. This study proposes a reliability model for DFIG wind turbines considering their
subcomponent failure rates and downtimes. The proposed production estimation algorithm leads to an economic
assessment for wind farms. A comprehensive spare parts management procedure is then presented in the study. As a
case study, practical data from a prominent wind farm is used and the procedure of the study is verified.