Abstract
This paper examines the cost analysis of a hybrid photovoltaic and battery energy storage system (PV-BESS) for demand-side applications in southern Taiwan, R.O.C. The forms of input data and output data for three different investment plans are proposed and discussed. A sensitivity analysis to understand those affecting parameters to the investment is also investigated. The analysis results can support the users with a tradeoff among economic, operational and environmental factors. This paper establishes a potential and practical tool for cost analysis of most energy conversion applications.
Original language | English |
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Pages (from-to) | 171-177 |
Number of pages | 7 |
Journal | IEEE Transactions on Industry Applications |
Volume | 37 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2001 Jan 1 |
All Science Journal Classification (ASJC) codes
- Control and Systems Engineering
- Industrial and Manufacturing Engineering
- Electrical and Electronic Engineering