Table 13 Component cost of renewable energy system optimization solution with battery storage energy.

From: Economic and environmental assessment of different energy storage methods for hybrid energy systems

Component

Capital ($)

Replacement ($)

O&M ($)

Salvage ($)

Total ($)

Battery

22,000.00

38,127.58

4,338.07

1,639.61

62,826.03

WT

PV

57,960.00

25,072.39

36,276.30

20,051.45

13,014.20

8,366.59

25,728.93

14,221.47

81,521.57

39,268.96

Converter

6,931.5.0

5,861.92

2,733.57

1,747.40

13,779.58

System

111,963.89

100,317.24

28,452.43

43,337.42

197,396.15