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This paper presents the cost effectiveness indicators or methods for economic cost analysis applied to wind energy projects. It discusses about Levelezed Cost of Energy (LCOE), Total Life-Cycle Cost (TLCC), Net Present Cost (NPC), Levelized Electricity Generation Cost (LEGC) and Unitary Present Average Cost (UPAC). For each indicator studied is pointed out its bottlenecks about the application in evaluation and management of wind energy projects directly. However, it is important to consider the purpose and scope of a particular analysis at the outset because this will prescribe the course to follow. The perspective of the analysis is important, often dictating the approach to be used. Also, the ultimate use of the results of an analysis will influence the level of detail undertaken.

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