banner

Evaluating the Technical and Economic Feasibility of a Hybrid Renewable Energy System for Off-grid

Nikita Yadav, Yashwant Sawle, Baseem Khan, Yini Miro

Abstract


This study describes the best hybrid energy system in terms of emissions, cost, and other factors. All the computations performed by HOMER Pro. A standalone hybrid power system model is suggested in this study. The suggested concept combines diesel generation with PV and Wind energy sources. The National Aeronautics and Space Administration (NASA) provided the data for simulation in HOMER to determine system performance. To reduce dependency on either conventional energy or renewable energy sources, a hybrid renewable energy system may be employed. Studies have shown that the suggested approach and the optimization technique for sizing standalone hybrid power systems both settle really well. The study aim is to optimize the size and expense of a renewable energy system at the chosen location in order to satisfy the electrical demand. The evaluation of the hybrid systems is based on the net present cost (NPC), levelized cost of energy (COE), initial cost, operating cost, and renewable fraction. The results support the use of RES at the chosen location, with the PV-Wind-Diesel generator system emerging as the most cost-effective RES with a COE of 0.2424 $/kWh. The outcomes are in favor of using a hybrid renewable system. 


Keywords


Renewable Energy System; PV; Wind; HOMER; Cost Analysis; Optimal Sizing

Full Text:

PDF

References


1. Mehmood A, Shaikh FA, Waqas A. Modeling of the solar photovoltaic systems to fulfill the energy demand of the domestic sector of Pakistan using RETSCREEN software. 2014 International Conference and Utility Exhibition on Green Energy for Sustainable Development (ICUE); 2014 Mar 19-21; Pattaya. New York: IEEE; 2014. p. 1-7.

2. Deswal S. Energy, environment ecology & society. New Delhi: Dhanpat Rai & Co. (P) LTD.; 2020.

3. Boyle G. Renewable energy: Power for a sustainable future. 2nd ed. Oxford: Oxford University Press; 1996.

4. Albadi MH, Al Abri RS, Masoud MI, et al. Design of a 50 kW solar PV rooftop system. International Journal of Smart Grid and Clean Energy 2014; 3(4): 402-409. doi: 10.12720/sgce.3.4.401-409.

5. Zandi M, Bahrami M, Eslami S, et al. Evaluation and comparison of economic policies to increase distributed generation capacity in the Iranian household consumption sector using photovoltaic systems and RETScreen software. Renewable Energy 2017; 107: 215-222. doi: 10.1016/J.RENENE.2017.01.051.

6. Bhutada G. What are the five major types of renewable energy? [Internet]. Vancouver: Visual Capitalist; 2022 [updated 2022 Jun 9]. Available from: https://www.visualcapitalist.com/what-are-the-five-major-types-of-renewable-energy/.

7. Lee-Jones D. Feasibility study of building integrated hybrid solar PV and wind power systems: A case-study on the Swedish Island of Gotland. Uppsala: Uppsala University; 2016.

8. Mirzahosseini AH, Taheri T. Environmental, technical and financial feasibility study of solar power plants by RETScreen, according to the targeting of energy subsidies in Iran. Renewable and Sustainable Energy Reviews 2012; 16(5): 2806-2811. doi: 10.1016/J.RSER.2012.01.066.

9. Khalid A, Junaidi H. Study of economic viability of photovoltaic electric power for Quetta–Pakistan. Renewable Energy 2013; 50: 253-258. doi: 10.1016/J.RENENE.2012.06.040.

10. Kumar S, Sethuraman C, Gopi C. Design of optimum sizing for hybrid renewable energy system using HOMER Pro to meet the identical load demand at selected Indian cities. International Journal of Grid and Distributed Computing 2021; 14(1): 1589-1607.

11. Okedu KE, Roland U. Optimization of renewable energy efficiency using HOMER. International Journal of Renewable Energy Research 2014; 4(2): 421-427. doi: 10.1234/IJRER.V4I2.1231.G6294.

12. Prashant Kumar A. Analysis of hybrid systems: Software tools. 2016 2nd International Conference on Advances in Electrical, Electronics, Information, Communication and Bio-Informatics (AEEICB); 2016 Feb 27-28; Chennai. New York: IEEE; 2016.

13. Sureshkumar U, Manoharan PS, Ramalakshmi APS. Economic cost analysis of hybrid renewable energy system using HOMER. IEEE-International Conference On Advances In Engineering, Science And Management (ICAESM-2012); 2012 Mar 30-31; Nagapattinam. New York: IEEE; 2012.

14. Salam MA, Aziz A, Alwaeli AHA, Kazem HA. Optimal sizing of photovoltaic systems using HOMER for Sohar, Oman. International Journal of Renewable Energy Research 2013; 3(3): 470-475. doi: 10.20508/IJRER.84833.

15. Thirunavukkarasu M, Sawle Y. An examination of the techno-economic viability of hybrid grid integrated and stand-alone generation systems for an Indian tea plant. Frontiers in Energy Research 2022; 10: 8. doi: 10.3389/fenrg.2022.806870.

16. Thirunavukkarasu M, Sawle Y. Design, analysis and optimal sizing of standalone PV/diesel/battery hybrid energy system using HOMER. IOP Conference Series: Materials Science and Engineering 2020; 937(1): 1-10. doi: 10.1088/1757-899X/937/1/012034.




DOI: https://doi.org/10.32629/jai.v5i2.540

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Nikita Yadav, Yashwant Sawle, Baseem Khan, Yini Miro

License URL: https://creativecommons.org/licenses/by-nc/4.0