Techno-Economic Feasibility Analysis of Grid-Tied PV-Wind Hybrid System to Meet a Typical Household Demand: Case Study - Amman, Jordan

In an attempt to hinder the advancement in climate change impacts, concerned people are motivated to invest in renewable energy systems. Follows, the proliferation in energy demand, especially in residential sector, is another concern because fossil-fuel sources are depleting as time progresses. Fortunately, renewable energy resources in some countries are available in abundance and can cover a large portion of residential sector's energy demand. Jordan, like many other parts of the world, enjoys a great potential of renewable energy resources. To tackle the aforementioned issues, in this study we aim at conducting a techno-economic feasibility assessment for an on-grid PV-Wind hybrid system in order to cover a typical household annual energy demand in Amman, Jordan. The analysis show that there is a great potential of supplying the household energy demand in most of the months annually and the system is able to generate excess energy that can be exported to the national grid, which generates significant project revenues. Furthermore, the hybrid system provides a price of energy (LCOE) lower than the national grid tariff. Consequently, this study contributes greatly to the country plans of reducing the reliance on imported fossil fuels for meeting its domestic energy demands.