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Techno Economic Analysis of Stand-Alone Hybrid Renewable ...

Borhan Azad, Hanieh
Techno Economic Analysis of Stand-Alone Hybrid Renewable Energy System
Decentralized electricity generation by renewable energy sources is considered as a solution for remote area's electrification. This study proposes an integrated PV/wind hybrid system, with battery storage and diesel generator as a backup. Optimization method utilizes the iterative optimization technique following the loss of power probability and the cost of electricity for power reliability and system costs. The optimal size of hybrid energy...

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