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

<table class="table-group" id="tab9"><tr><td><table class="table"><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr class="thead"><td class="align_left">Power plant type</td><td class="align_center">Cost per GW in billion ($)</td></tr><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr><td class="align_left">Gas turbine</td><td class="align_center">1.1</td></tr><tr><td class="align_left">Coal</td><td class="align_center">1.8</td></tr><tr><td class="align_left">Nuclear power</td><td class="align_center">4.5</td></tr><tr><td class="align_left">Hydroelectric</td><td class="align_center">9.5</td></tr><tr class="table-tr"><td colspan="2"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>The investment costs for power plants.</div>

International Journal of Energy Research

tab9

Table 9

Table 9: Optimal Sizing of Hybrid Renewable Energy System Using Two-Stage Stochastic Programming 