Economic Feasibility Study on Solar PV-Wind Hybrid Power System in Telkom University

The solar PV -Wind power plant installation is technically able to supply 64.87% of the power requirement of the load in the room P402 Deli Building, School of Electrical Engineering, Telkom University for 25 years of the project. The LCOE obtained for the PV-Wind solar hybrid power system reaches IDR 2,073.56 /kWh. The use of the PV-Wind solar hybrid system can save electricity costs reaching IDR 1,270,714.20 per year. Meanwhile, the payback period on investment only takes up to 15 years. The results show that the Solar PV-Wind system hybrid power plant in Tel-U has good potential from a technical-economic point of view.