As the wind farms in large scale demand enormous amount of construction cost, minimizing the economic burden is essential and also it is very important to measure the wind resources and forecast annual energy production correctly to judge the economic feasibility of the proposed site by way of installing a Met mast at or nearby the site. Wind resources were measured by installing a 80[m] high Met mast at WangdeungYeo Island to conduct the research incorporated in this paper and offshore wind farm was designed using WindPRO. Wind farm of 100[MW] was designed making use of 3 and 4.5[MW] wind generator at the place selected to compare their annual energy production and capacity factor applying the loss factor of 10[%] and 20[%] respectively to each farm. As a result, 336,599[MWh] was generated by applying 3[MW] wind generator while 358,565 [MWh] was produced by 4.5[MW] wind generator. Difference in the energy production by 3[MW] generator was 33,660 [MWh] according to the loss factor with the difference in its capacity factor by 3.8[%]. On the other hand, 23 units of 4.5 [MW] wind generators showed the difference of annual energy production by 35,857 [MWh] with 4.0[%] capacity factor difference.