Research Article
Optimized Sizing, Selection, and Economic Analysis of Battery Energy Storage for Grid-Connected Wind-PV Hybrid System
Table 4
Economic analysis parameters.
| Symbol | Parameter | Value |
| | Wind energy selling price | Rs. 2.75 per kWh | | Diesel energy generation price | Rs. 22 per kWh | ir | Rate of interest | 12% | ifr | Inflation rate | 7% | idr | Discounted rate of interest | | omr | O&M charges of battery as % of investment cost | 3% |
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