Using Homer Power Optimization Software for Cost Benefit Analysis of Hybrid-solar Power Generation Relative to Utility Cost in Nigeria

@inproceedings{Ajao2011UsingHP,
  title={Using Homer Power Optimization Software for Cost Benefit Analysis of Hybrid-solar Power Generation Relative to Utility Cost in Nigeria},
  author={K. R. Ajao and Oyindamola Oladosu and O. T. Popoola},
  year={2011}
}
HOMER is a micro power optimization software used in evaluating designs of both off-grid and gridconnected power systems for a variety of applications. The cost benefit analysis of a wind turbine-solar hybrid system was done using HOMER software and comparison was also made with the cost per kilowatt of central grid or utility supply. The hybrid system have a pay-back period of about thirty-three years and at current costs, central grid power is the least expensive option but may not be… CONTINUE READING

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