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Table 2 Economic parameters of all considered technologies

From: Optimisation of hybrid off-grid energy systems by linear programming

Technology

Unit

Photovoltaic

Wind turbine

Diesel generator

Lead-acid battery

Investment cost

€/kW

(€/kWh for battery)

2,835.00

5,832.00

596.00

148.00

Lifespan

years

20

20

20

5

Interest rate

%

10

10

10

10

CRF

-

0.1175

0.1175

0.1175

0.2638

Annualised

€/kW

333.00

685.02

70.01

39.04

Investment cost

(€/kWh for battery)

    

Maintenance and operation cost

% of investment cost

2

2

6.4

2

Maintenance and operation cost

€/kW

(€/kWh for battery)

56.70

116.64

38.08

2.96

STMGC

€/kWhelectr

0

0

0.25 (India),

0.18 (Colombia)

0

  1. Adapted from [14] (diesel generator), [9] (PV), [10] (wind turbine) and [15] (battery).