Economic and energy analysis of small capacity grid-connected hybrid photovoltaic-wind systems in Mexico

Rafael Peña Gallardo, Adalberto Ospino Castro, Juan Segundo Ramírez, Aurelio Hernández Rodriguez, Eliana Noriega Angarita, Yecid Muñoz Maldonado

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

The integration of renewable energies in the electric power system, as a solution to the growing demand for electricity in developing countries, has become a vital issue, such is the case of Mexico. The purpose of this work is the assessment of the economic and energy feasibility of a residential house grid-connected hybrid photovoltaic (PV)-wind system, in Mexico. The hybrid PV-wind system design is based on the existing renewable energy resources and considering a typical load profile. Also, an economic analysis is presented based on the two schemes approved for the sale of the surplus of the energy generated in Mexico: Net billing and net metering. The results obtained demonstrate the viability and profitability of the proposed small-size system. However, the results corroborate that government incentives are crucial to making the proposed system more attractive and affordable for residential users.

Original languageEnglish
Pages (from-to)7-17
Number of pages11
JournalInternational Journal of Energy Economics and Policy
Volume10
Issue number2
DOIs
StatePublished - 2020

Keywords

  • Feasibility Study
  • Hybrid Generation System
  • Net Billing
  • Net Metering
  • Photovoltaic Energy
  • Wind Energy

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