2018
DOI: 10.1002/ep.13052
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Sizing methodology of a PV/wind hybrid system: Case study in cyprus

Abstract: This study aims to suggest a method for sizing of a photovoltaic (PV)/wind hybrid system based on maximizing the annual renewable energy system (RES) fraction with levelized cost of electricity (LCOE) being equal to the grid tariff. The novelty of this article is the idea of maximizing the energy security, energy localization, and environmental benefits from the hybrid system and at the same time ensures the economic feasibility of the system where Middle East Technical University Northern Cyprus Campus (METU … Show more

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Cited by 22 publications
(12 citation statements)
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“…Also, the optimal design capacity of energy facilities is heavily dependent on electric demand and the level of renewable energy usage, which are difficult to be thoroughly evaluated in advance. To avoid excessive energy use, the design capacity must be determined in conjunction with operation planning, which is based on future demand and predicted energy production [36,37]. Under the current conditions defined by average wind speed value of 5.61 m/s, average solar radiation of 5.63 kWh/m 2 /d and diesel fuel price of $0.75/L, all configurations of HRES are examined in the next sections.…”
Section: Resultsmentioning
confidence: 99%
“…Also, the optimal design capacity of energy facilities is heavily dependent on electric demand and the level of renewable energy usage, which are difficult to be thoroughly evaluated in advance. To avoid excessive energy use, the design capacity must be determined in conjunction with operation planning, which is based on future demand and predicted energy production [36,37]. Under the current conditions defined by average wind speed value of 5.61 m/s, average solar radiation of 5.63 kWh/m 2 /d and diesel fuel price of $0.75/L, all configurations of HRES are examined in the next sections.…”
Section: Resultsmentioning
confidence: 99%
“…The levelized cost of electricity (LCOE) is one of the economic parameters that is used to determine the economic feasibility of the energy systems. LCOE for the hybrid system can be calculated using Equation (A8) to incorporate the effect of the mismatching between the energy generation and the demand, the demand met by the hybrid system was used instead of the energy generation [45,46]. Table 2 shows all the economic parameters used in this study.…”
Section: Economic Assessment and System's Feasibilitymentioning
confidence: 99%
“…In addition to using the parametric models, many correlations were developed using decomposition models to characterize diffuse radiation intensity. Those correlations were based on the available global radiation data from the weather stations of the different locations 37,38 . Moreover, more advanced techniques have been used to predict the solar resources such as autoregressive integrated moving average (ARIMA) analysis, 39 regression analysis, 40 artificial neural network (ANN) analysis 41 …”
Section: Introductionmentioning
confidence: 99%