Optimal selection and techno-economic analysis of a hybrid power generation system
Abstract
In this paper, four alternatives used to supply electrical energy were compared economically, a photovoltaic system, wind turbine system, small experimental solar power tower system, and diesel generator. The annualized life cycle cost, life cycle cost, and energy production cost were utilized as dynamic indicators to estimate the economic-effectiveness of these systems. The cost of energy was 2.98/kWh, .19/kWh, 1.18/kWh, and .06/kWh for...
Paper Details
Title
Optimal selection and techno-economic analysis of a hybrid power generation system
Published Date
Sep 1, 2019
Volume
11
Issue
5
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