Mathematical methods and software tools for designing and economic analysis of hybrid energy system

Authors

  • Ayodele T.R Department of Electrical and Electronic Engineering, Faculty of Technology University of Ibadan, Nigeria
  • Ogunjuyigbe A.S.O Department of Electrical and Electronic Engineering, Faculty of Technology University of Ibadan, Nigeria

Keywords:

Hybrid energy system, Software tool, Mathematical methods, Economic analysis

Abstract

Sometimes, it is difficult to select the appropriate method and software package necessary to accomplish a task out of the various available options. This often results in time wastage and frustration. This paper therefore explores the capabilities and the deficiencies of some of the mathematical techniques and software tools available for economic analysis and design of hybrid energy systems with the aim of pointing out the strength and the weakness of these various software tools. This will allow the end users to know the capabilities and the limitations of the various software options in hybrid energy design project. This contribution is useful to the engineers, energy planners, utility operators and general users to make an informed decision on the methods and software tools to be selected in designing hybrid energy system.

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How to Cite

T.R, A., & A.S.O, O. (2014). Mathematical methods and software tools for designing and economic analysis of hybrid energy system. Journal of Renewable Energy and Smart Grid Technology, 9(1), 57–68. Retrieved from https://ph01.tci-thaijo.org/index.php/RAST/article/view/26350

Issue

Vol. 9 No. 1 (2014): January - June 2014

Section

Articles

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