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http://dx.doi.org/10.3795/KSME-B.2015.39.1.071

Analysis of Size and Economic Sensitivities according to Changes in Component Replacing Costs of Renewable Hybrid Generation System  

Lim, Jong Hwan (Dept. of Mechatronics, Jeju Nat'l Univ.)
Publication Information
Transactions of the Korean Society of Mechanical Engineers B / v.39, no.1, 2015 , pp. 71-78 More about this Journal
Abstract
This paper presents a method for analyzing the size and economic sensitivity of a new renewable hybrid generation system according to changes in the component replacement costs based on HOMER (Hybrid Optimization Model for Electric Renewables). The design of a hybrid system can be optimized by reducing the size of a sensitive component based on sensitivity analysis using the change in cost of a component. Sensitivity analysis can also provide information on what combinations are necessary for the optimal hybrid system. As an example, sensitivity analysis was performed on the residential load provided by HOMER, and the effects of component replacement costs on the system size and cost were quantitatively analyzed.
Keywords
Hybrid Generation System; HOMER(Hybrid Optimization Model for Electric Renewable); Component Replacement Cost; Sensitivity Analysis;
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Times Cited By KSCI : 2  (Citation Analysis)
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