An Integrated Hybrid Energy Systems Techno Economic Feasibility Analysis

Download or read book An Integrated Hybrid Energy System’s Techno-Economic Feasibility Analysis written by Dr. Deepika Chauhan and published by Shineeks Publishers. This book was released on 2022-03-21 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable energy has the power to generate self-sufficiency in terms of electricity and the ability to be cost-effective and competitive in many areas. However, renewable energies are site specific. It is necessary to assess each case study separately to examine the available resources, environmental constraints and socio-economic factors. Site evaluations include resource categorization, technical practicability, financially viable feasibility and market conditions. The Proposed work focuses on generation of electricity by the help of integrated renewable energy system which includes PV-Wind-Diesel-Storage system for a village Badesatti, Sukma Chhattisgarh. The proposed work evaluates the techno-economic feasibility of a hybrid system generating power for a small community using wind turbine and PV along with grid connection to further ensure uninterrupted power flow. The feasibility of an integrated renewable energy system using wind, solar and DG has been studied by using the HOMER software. This study investigates the economic feasibility analysis of using hybrid renewable energy system (HRES) based electricity generation for a rural community in India. The variables used for the optimization are the solar PV, wind turbine, generator, and batteries. A simulation results representation is developed in Hybrid Optimization Model for Electric Renewable (HOMER).