The recent worldwide economic crisis, climate change and global warming have emphasized that the need for low carbon emissions while also ensuring the economic feasibility. In this paper, wind power potential of ETD in KTH was investigated. The technical and economical feasibility of tower mounted small scale standalone wind turbine installation is conducted. The potential of wind power production was statistically analysed. The average wind speed data of four-season interval of one year period (2011) which its measurement was taken on the roof top of the ETDB, and this was adopted and analysed in order to find out the potential of wind power generation. The Rayleigh distribution probability was applied to calculate the wind speed distribution at KTH, by doing so the annual wind power potential at the area and annual energy production of the chosen wind turbine was estimated, after the selection of a proper wind turbine have been made upon the site conditions. Therefore, the study result shows that installation of the wind turbine at 24 meters hub height for this particular area will have a better performance of annual energy production, capacity factor, carbon savings and better economical value than the current turbine installed at 17 meters height at the ETD. The economic evaluation shows that the turbine can save an electricity bill of US$3661.05 per year and cover 1.84% of the electricity consumption of the ETD by reducing its respective CO2 emission from the electricity use at the department. Moreover, the payback period of the turbine installation with the inclusion of the green certificate is approximately 14 years which is more feasible if it is considered for small wind turbines too, which is already in practice for renewables including wind power in Sweden.