Technoeconomic Analysis of a Hybrid Energy System for an Academic Building
Received: 14 October 2022 | Revised: 28 November 2022 | Accepted: 30 November 2022 | Online: 10 January 2023
Corresponding author: Suchismita Roy
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 analysisDownloads
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