Technoeconomic Analysis of a Hybrid Energy System for an Academic Building

Authors

  • Suchismita Roy School of Electrical Engineering, KIIT Deemed to be University, India
  • Pradeep Kumar Sahu School of Electrical Engineering, KIIT Deemed to be University, India https://orcid.org/0000-0002-5625-6713
Volume: 13 | Issue: 1 | Pages: 10060-10066 | February 2023 | https://doi.org/10.48084/etasr.5416

Abstract

This work is mainly based on the optimal design of a standalone Hybrid Renewable Energy System (HRES) consisting of PV/diesel/battery systems, implemented in an academic building. Different hybrid system configurations such as PV-diesel generator-battery, diesel generator-battery, and PV-diesel generator are compared based on Net Present Cost (NPC) and Cost Of Energy (COE) to find out the best economically viable and environmentally friendly solution. Li-ion and lead-acid batteries were taken into consideration, and the optimization was done in HOMER PRO software. The PV-DG-Li-ion battery configuration emits approximately 2825387kg/year CO2 whereas the conventional DG system emits 4565074kg/year. It is concluded that the PV-DG-Li-ion battery configuration provides the cleanest and most environment-friendly and techno-economically feasible solution.

Keywords:

HOMER, NPC, COE, hybrid system, technoeconomical analysis

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How to Cite

[1]
S. Roy and P. K. Sahu, “Technoeconomic Analysis of a Hybrid Energy System for an Academic Building”, Eng. Technol. Appl. Sci. Res., vol. 13, no. 1, pp. 10060–10066, Feb. 2023.

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