3.9 Article

Optimal design, prefeasibility techno-economic and sensitivity analysis of off-grid hybrid renewable energy system

Journal

INTERNATIONAL JOURNAL OF SUSTAINABLE ENERGY
Volume 41, Issue 10, Pages 1466-1498

Publisher

TAYLOR & FRANCIS LTD
DOI: 10.1080/14786451.2022.2058502

Keywords

Net present cost; techno-economic potential; cost of energy; hybrid renewable energy system; optimization; renewable energy

Categories

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This study aims to find the optimal hybrid system design using solar, wind energy, battery storage, thermal loads, thermal load controller, boiler, and diesel generator. The analysis shows that the system with the least cost, lowest energy consumption, and high reliability can meet the load demand requirement of the considered site.
This work aims to find an optimal hybrid renewable system design using solar, wind energy, battery storage, thermal loads, thermal load controller (TLC), boiler, and a diesel generator (DG) for the considered site. The prefeasibility techno-economic analysis has been carried out using HOMER software to meet the load demand requirement of the village. For identifying winning system architecture, minimum net present cost (NPC), lowest cost of energy (COE), and the highest renewable fraction (RF) are used as the criteria. The obtained results show that the least cost-optimal hybrid system consists of 614kW-PV,850kW-WT,800kW-DG, 1212 no. of batteries and 591 kW converter along with TLC-2000kW, having minimum NPC: $5.48M, least COE: $0.272/kWh and highest RF:91.6% can provide 92% reliable power supply to onsite load demand of 4502.95kWh/day with 70% renewable sources in the considered site. This paper also presents a sensitivity analysis of the hybrid system with variations in load demand, diesel fuel price, project lifetime, and interest rate.

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