Can take-or-pay contract solve hybrid energy storage system problem?
Optimal sizing and performance assessment of hybrid energy storage system problem was addressed considering take-or-pay contract. The proposed method was applied to a real case study in Indonesia .
How much does a hybrid power plant cost?
From the figure and Section 3.1.1, it is 135,306,800 USD, respectively. The optimum sizing of the a capacity of 10 MW. Fig. 6. LCoE and NPC comparison of the proposed 3.2. Performance assessment of the hybrid power plant depends on location, season, day/night time, and cloud cover.
How much does a hybrid system cost?
The simulation results demonstrate that the optimal sizing of the hybrid system consists of 10 MWp PV and 10 MWh BESS with Levelized Cost of Energy of 9.45 cents USD/kWh. It lowers 40% of the current cost. Considering the initial, maintenance, replacement and fuel costs, the net present cost of the optimal configuration is 135,306,800 USD.
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