Financial and economic crisis creates new data on the electricity for remote consumers: Case study Greece
Journal Title: International Journal of Advances in Engineering, Science and Technology - Year 2011, Vol 1, Issue 1
Abstract
The financial and economic crisis in Greece has brought new taxes on the fossil fuels. During the depression (January 2009 – June 2011) the diesel-oil price was rising more than 65%. The aim of this study is to investigate how this crisis has affected the electricity cost for a remote consumer. The HOMER software was used in order to find the optimum hybrid system for a typical country house in four different Greek Islands. The generality of Greek Islands are suitable for exploitation of wind energy for electricity generation. Due to the dramatically increased prices for diesel-oil over the last two years in Greece, the PV generators offer not only environmental benefits but also provide lower cost of energy and can displace the diesel engine generators.
Authors and Affiliations
Jacob G. Fantidis , Pantelis Antoniadis , Contsantinos Potolias , Dimitrios V. Bandekas , Nicolaos Vordos
Keywords
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