Table 2 Cost model parameter for optimized configurations.

From: Optimizing wind-PV-battery microgrids for sustainable and resilient residential communities

Parameters

PV

Wind

Battery

Converter

Capital cost ($/kW)

650

1400

130

100

Maintenance cost ($/kW)

33

50

10

NA

Replacement cost ($/kW)

NA

NA

200

150

Lifespan (year)

25

25

5

15