DocumentCode :
2857188
Title :
Cost Considerations on Fuel Cell Renewable Energy Systems
Author :
Simoes, M. Godoy ; Uriarte, Caroline S. ; Chakraborty, Sudipta ; Farret, Felix A.
Author_Institution :
Colorado Sch. of Mines, CO
Volume :
5
fYear :
2006
fDate :
8-12 Oct. 2006
Firstpage :
2169
Lastpage :
2176
Abstract :
The purpose of this paper is to economically evaluate the use of a fuel cell along with a photovoltaic array to provide electricity to residential houses. The use of a fuel cell is compared to the use of a battery as a way of storage. Different scenarios are presented regarding the use of the fuel cell with the PV system and the grid. Each scenario was based on an arrangement of the energy sources, considering cases where net metering and avoided cost were used and considering overproduction and underproduction cases. For each scenario it was determined how much money could be saved or lost if renewable energies were used compared to just buying electricity from the utility. The importance of operation cost optimization is described in brief along with linear programming based optimization scheme that can be used for a household with PV. It was concluded that renewable energies are cost-effective and that currently batteries are a better choice for storing energy
Keywords :
fuel cells; photovoltaic cells; photovoltaic power systems; power system economics; renewable energy sources; battery; cost evaluation; electricity; fuel cell; linear programming; operation cost optimization; photovoltaic array; renewable energy systems; Batteries; Cost function; Fuel cells; Fuel economy; Fuel storage; Linear programming; Photovoltaic systems; Power generation economics; Renewable energy resources; Solar power generation; avoided cost; cost evaluation; fuel cell; intelligent energy management system; linear programming; net metering; optimization; renewable energy;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Industry Applications Conference, 2006. 41st IAS Annual Meeting. Conference Record of the 2006 IEEE
Conference_Location :
Tampa, FL
ISSN :
0197-2618
Print_ISBN :
1-4244-0364-2
Electronic_ISBN :
0197-2618
Type :
conf
DOI :
10.1109/IAS.2006.256843
Filename :
4025532
Link To Document :
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