2005
DOI: 10.1109/tec.2005.847969
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Economic Evaluation of Grid-Connected Fuel-Cell Systems

Abstract: An assessment of the economic benefits of using fuel cells is presented. A calculation of the cost of electricity generated from a fuel-cell installation, and a determination of the amount of profit that might result from an installation is given. A break even and sensitivity analysis is also conducted to determine what goals need to be achieved to make fuel cells competitive with conventional power generation sources. The study was performed using a graphical user interface programmed in MATLAB.

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Cited by 26 publications
(11 citation statements)
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“…(1 -0: 1 ) X4 + (1 -0:2) X5 -X3 X l = C (5) where, X = [X l ,X2,X3,X4,X5] T = [vb,vse,il,ife,ise] T is the state vector. Here, Vb is the bus voltage, voltage and current of SC are Vse and ise respectively.…”
Section: DC Bus and Loadmentioning
confidence: 99%
See 1 more Smart Citation
“…(1 -0: 1 ) X4 + (1 -0:2) X5 -X3 X l = C (5) where, X = [X l ,X2,X3,X4,X5] T = [vb,vse,il,ife,ise] T is the state vector. Here, Vb is the bus voltage, voltage and current of SC are Vse and ise respectively.…”
Section: DC Bus and Loadmentioning
confidence: 99%
“…With the turn of the century majority of the research is focussed on clean and economical energy resources with fuel cell (FC) being the most prominent renewable energy source [5]. Modelling, analysis and synthesis of control laws for fuel cell systems is at the forefront of research for incorporating FC systems in applications such as hybrid electric vehicle, smart grids etc.…”
Section: Introductionmentioning
confidence: 99%
“…We assume that the fuel cell works in a fixed operation point, so that the output power of the FC (P FC (t)) can be obtained from (3) [7].…”
Section: Ii3 Fuel Cell (Fc)mentioning
confidence: 99%
“…The power conditioner is also used for the grid connection of the FC. An electrical power-generating system that uses FC as the primary source of electricity generation and is intended to operate synchronously, and in parallel with the electric utility network is a gridconnected FC system [57], [58]. Such systems may also include storage devices and other generating sources and may operate on site loads independent of the utility network during outages.…”
Section: Fc Power Conditioningmentioning
confidence: 99%