Renew. Energy Environ. Sustain.
Volume 1, 2016
|Number of page(s)
|23 August 2016
Economic evaluation of small wind turbines and hybrid systems for residential use
Aeolus Energy International, Bucharest, Romania
⁎ e-mail: email@example.com
Renewable electricity generating systems are gaining ground in residential sector for the purpose of diminishing the electricity bills or to reaching some degree of energy independence. The decision to invest in small wind turbines or hybrid energy generation technologies should be based on an economic estimation of money invested in such systems. Levelized Cost of Energy (LCOE) calculation for local technologies of choice for residential energy generation is a very meaningful figure for deciding whether the investment can bring financial satisfaction and for selecting which type of technology is the best suited for a specific location.
© M. Predescu, published by EDP Sciences, 2016
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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