Research Article

Technoeconomic Analysis and Optimization of Hybrid Solar-Wind-Hydrodiesel Renewable Energy Systems Using Two Dispatch Strategies

Table 5

Financial input parameters of considered HES.

EquipmentInitial expense ($/kW)Replacement expense ($/kW)Lifetime (year)Ref.

PV system65065030[44]
Wind turbine1,4501,45020[45]
Hydrokinetic turbine1,30087015[24]
Generator35035015,000 hrs[46]
Battery200/kWh180/kWh15[47]
Converter30030015[19]