Sizing a hybrid wind-diesel stand-alone system on the basis of minimum long-term electricity production cost

Optimisation of hybrid off-grid energy systems by linear programming

“…As [6] shows, wind-diesel hybrid energy systems can reduce costs of energy drastically compared to diesel-only solutions. The two sites in Greece presented in that study with average wind speeds of 10 and 6 m/s show cost reductions of 60% and 20%, respectively, over 20 years.…”

“…Following World Bank guidance, the rate of interest is set to 10%, while in [3] (page 1069) and in [6] (page 1394), the rate of interest or mean annual capital costs are estimated to be 6% and 8%, respectively. If specific subsidies are not considered, there is no reason why in rural areas, capital costs should be disproportionately low.…”

“…Here, the interaction between an existing wind/diesel energy system and a leadacid battery bank is examined. The optimal sizing of such a wind-diesel hybrid energy system is discussed in [6] under consideration of the minimum long-term electricity production cost. In [7], the life cycle costs of stand-alone diesel generator sets and PV battery systems are compared.…”

Optimization and Feasibility Analysis of Satellite Earth Station Power System Using Homer

“…This is a one-time payment at the start of a project. Then the initial capital cost for the PV/wind/battery system, (C IC ) is given by [9,10]:…”

Integrating Fuel Cell/Electrolyzer/Ultracapacitor System Into a Stand-Alone Microhydro Plant

“…For this, a dedicated storage system with suitable configuration, control, and size is required to combine with it. The selection of unit size involves the optimization issues related to cost-driven and site-specific solutions, which is beyond the scope of this paper, so the readers are suggested to consult other sources like [18], [19]. This study considers the technical and the operational requirement while sizing the units.…”