2022
DOI: 10.1016/j.renene.2022.05.033
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Techno-economic assessment of a solar-assisted biomass gasification process

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Cited by 20 publications
(6 citation statements)
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“…The CHP plant proposed in this paper and Seo [59] is economically feasible as the NPV is greater than zero. The LCOE of the SBG-SOFC-GT-SPS CHP plant is USD 0.16/kWh, lower than that of the SOFC-GT CCHP plant proposed by Kumar [18] but higher than that of the SBG CHP plant [59], which is due to the fact that compared to the former, the system replenished biomass and solar energy, significantly reducing the annual fuel cost. However, compared to the latter, higher capital costs are required for the SOFC equipment.…”
Section: Scope Of System Regulationmentioning
confidence: 99%
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“…The CHP plant proposed in this paper and Seo [59] is economically feasible as the NPV is greater than zero. The LCOE of the SBG-SOFC-GT-SPS CHP plant is USD 0.16/kWh, lower than that of the SOFC-GT CCHP plant proposed by Kumar [18] but higher than that of the SBG CHP plant [59], which is due to the fact that compared to the former, the system replenished biomass and solar energy, significantly reducing the annual fuel cost. However, compared to the latter, higher capital costs are required for the SOFC equipment.…”
Section: Scope Of System Regulationmentioning
confidence: 99%
“…where i and n represent the interest rate and the life of system, respectively. The LCOE is defined as the ratio of the overall costs evaluated during the entire project period to the total amount of electricity and heat generated in the same period [59]. The formula for the LCOE can be written as follows:…”
Section: Item Parametermentioning
confidence: 99%
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