Title :
Economic evaluation of grid-connected fuel cell systems
Author :
Nelson, Donald ; Nehrir, M. Hashem ; Gerez, Victor
Author_Institution :
Montana State Univ., Bozeman, MT, USA
Abstract :
An assessment of the economic benefits of using fuel cells is presented. A calculation of the cost of electricity generated from a fuel cell installation, and a determination of the amount of profit that might result from an installation is given. A break even and sensitivity analysis is also conducted to determine what goals need to be achieved to make fuel cells competitive with conventional power generation sources. The study was performed using a graphical user interface programmed in MATLAB.
Keywords :
costing; fuel cell power plants; graphical user interfaces; power engineering computing; power generation economics; power grids; sensitivity analysis; MATLAB; break even analysis; economic benefits assessment; economic evaluation; electricity cost; fuel cell installation; graphical user interface; grid-connected fuel cell systems; sensitivity analysis; Costs; Fuel cells; Fuel economy; Graphical user interfaces; MATLAB; Power generation; Power generation economics; Power system economics; Sensitivity analysis;
Conference_Titel :
Power Engineering Society General Meeting, 2005. IEEE
Print_ISBN :
0-7803-9157-8
DOI :
10.1109/PES.2005.1489287
