The levelized cost of energy (LCOE) presents the energy-normalized cost of a generation asset by considering all associated costs (investment and operation) and total generated energy over its life cycle. As LCOE is a levelized value, it provides a quick and easy measure to compare different energy resource technologies with different characteristics. The LCOE calculation for large-scale power ...

For remote places having less-strong wind, single resources based renewable energy system (RES) with battery storage can sustainably and economically generate electrical energy. There is hardly any literature on optimal sizing of such RES for very low load demand situation. The objective of this study is to techno-economically optimize the system design of a Photovoltaic (PV)-battery storage RE...

Nowadays the position of the renewable energy is so important because of the environment pollution and the limitation of fossil fuels in the world. Energy can be generated more and more by the renewable sources, but the fossil fuels are non-renewable. One of the most important renewable sources is the wind energy. The wind energy is an appropriate alternative source of fossil fuel. The replacem...

A host of technologies has been developed to achieve these aims of the smart grid. Some of these technologies include plug-in electric vehicle, demand response program, energy storage system and renewable distributed generation. However, the integration of the smart grid technologies in the power system operation studies such as economic emission unit commitment problem causes two major challen...

This paper aims at estimating the efficiency of hydroelectric power plants (renewable energy resources) and thermal power plant (non-renewable energy resources) in Iranian provinces. Data Envelopment Analysis (DEA) approaches is applied to estimate the efficiency. The network is modeled as a linear system with multiple inputs and one output. Fuel cost, labor force, operation cost are used as in...

Nowadays generation capacity in traditional grid depends on fossil fuels and contributes significantly to the increase of pollution emission. In deregulated grids in addition to using demand response programs (DRPs) to reducing the cost of electricity production, peak clipping and improve reliability use of green Plants such as hydro plant, wind plant become widespread. In a smart grid, end use...

the biggest challenges faced in big cities are greenhouse gas emission and growing energy needs. efficient utilization of existing infrastructures has a prominent role in response to the challenges. energy hub approach embraces performance of different energy networks. energy hub is defined as a super node in electrical system receiving distinctive energy carriers such as gas and electricity in...

In this paper smart operation of micro energy hub is presented. Energy hub system consists of certain energy hubs and interconnectors that are coordinated by energy hub system operator. An energy hub contains several converters and storages to serve demanded services in most efficient manner from available energy carriers. In this paper, the flexibility of energy delivery point is enhanced u...