Optimal Sizing of Hybrid Renewable Energy System Using Two-Stage Stochastic Programming

<table class="table-group" id="tab12"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Power plant</td><td class="align_center">Size in GW using Monte Carlo</td><td class="align_center">Size in GW using ADMM</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Gas turbine</td><td class="align_center">1.78</td><td class="align_center">1.7791</td></tr><tr><td class="align_left">Coal</td><td class="align_center">3.23</td><td class="align_center">3.2286</td></tr><tr><td class="align_left">Nuclear</td><td class="align_center">4.07</td><td class="align_center">4.0669</td></tr><tr><td class="align_left">Hydroelectric</td><td class="align_center">5.00</td><td class="align_center">4.9937</td></tr><tr><td class="align_left">Cost (billion $)</td><td class="align_center"><span style="width: 82.1152ptpx;"><svg height="10.2842pt" id="M268" style="vertical-align:-1.10678pt" version="1.1" 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<div>Optimal power plant sizing based on the expected data.</div>

International Journal of Energy Research

tab12

Table 12

Table 12: Optimal Sizing of Hybrid Renewable Energy System Using Two-Stage Stochastic Programming 