11.5.3.22. rheia.CASES.H2_POWER.h2_power.Evaluation.cost

Evaluation.cost()

Based on the capital recovery factor, the CAPEX, OPEX and replacement cost of the system components, the levelized cost of electricity is determined. The formula for the annualized system cost is adopted from Coppitters et al. [3].

[3] Coppitters, D., De Paepe, W., & Contino, F. (2020). Robust design

optimization and stochastic performance analysis of a grid-connected photovoltaic system with battery storage and hydrogen storage. Energy, 213, 118798. https://doi.org/10.1016/j.energy.2020.118798