Techno Economic Analysis of Stand-Alone Hybrid Renewable ...
Borhan Azad, Hanieh 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...