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 |