This paper examines the possibility of adding a photovoltaic(PV) power station to an already planned wind park in terms of profitability. At this time, southern Sweden’s grid is facing a number of challenges and is hurting economic development. Hybrid parks have showed to be able to tackle some of those challenges. This study has used a two-scaled methodology to analyse which solar PV size is the optimal to be co-located to the wind park of 24MW[Office1] . The results show that the 21MW size is the ideal one. In addition, to complement the findings, an analysis has been conducted to determine which battery size would be the optimal size to be added to the hybrid system. The results showed that a 1MW/1MWh battery storage would be the ideal size, however, it is possible that a 5MW/MWh battery storage might produce better results if peak shaving is included. All the scenarios in this study have been analysed in terms of IRR.

Wind resources are highly intermittent and fluctuant, making wind turbines less reliable and the unstable power output will affect grid stability and security. This paper presents an idea of integrating the solar PV plant and energy storage system into an existing wind project, project Rödene in Gothenburg. The hybrid renewable system, which consists of two or more renewable energy sources, is considered the renewable energy development trend. An economic analysis of a 1.2 MW PV plant, 5 MW lithium-ion battery storage system and 300 kg hydrogen fuel cell storge system are assessed in terms of LCOE and LCOS of plants. The revenue stream is discussed separately, consisting of electricity tariff, ancillary services and energy arbitrage. The results show that both PV plant and energy store systems are unprofitable. When the PV panel cost is reduced more than 30% and the annual production increases at least 30%, the LCOE of the PV plant arrives at the break-even point. Also result shows the hydrogen fuel cell energy storage system is too expensive of commercial use, and the battery energy storage system has a high potential of profitable if the ancillary service in Sweden is well organized in the future