IEEE Power Engineering Society General Meeting, 2005 · 2005 · 82 citations · 14 references
EngineeringEnergy ConversionUnit SizingHome Energy StorageDistributed Energy GenerationPower ElectronicsRenewable Energy StorageConversion SystemSystems EngineeringPower GenerationTypical HomeElectrical EngineeringWind Power GenerationHybrid Energy SystemEconomic EvaluationHybrid Energy SystemsSmart GridEnergy ManagementPacific NorthwestRooftop PhotovoltaicsEnergy Economics
An economic evaluation of a hybrid wind/photovoltaic/fuel cell generation system for a typical home in the Pacific Northwest is performed. In this configuration the combination of a fuel cell stack, an electrolyzer, and a hydrogen storage tank is used for the energy storage system. This system is compared to a traditional hybrid energy system with battery storage. A computer program has been developed to size system components in order to match the load of the site in the most cost effective way. A cost of electricity and an overall system cost are also calculated for each configuration. The study was performed using a graphical user interface programmed in MATLAB.
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