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Optimization Study Of A Combined Wind-Solar Farm For A Specified Demand, Venkat Siddhartha Rama

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At the present time, using wind and solar energy for producing electricity in the United States is becoming cost competitive. According to Lazard’s 2019 [36] levelized cost of energy (LCOE) analysis of a number of energy sources used for producing electricity in the United States, wind and solar are cheaper than natural gas and coal. While capital, maintenance, operation, and fuel costs are included in LCOE numbers, energy source intermittency is not. Intermittency is an important issue with wind and solar energy sources, but not with natural gas or coal energy sources. Combining wind and solar energy sources into one …