Feasibility Analysis of Stand-Alone and Hybrid Energy Systems for Residential Loads

Priyanka Verma *, Hemant Verma **
*-** Department of Electrical Engineering, Shri Shankaracharya Technical Campus, Bhilai, Chhattisgarh, India.
Periodicity:February - April'2020
DOI : https://doi.org/10.26634/jps.8.1.17567

Abstract

This work proposes a hybrid power generation system application for remote area. The performance of proposed system is compared with the metrological data for the optimization of hybrid renewable energy system at the Paradol village, Koriya, Chhattisgarh, India. There are two proposed energy systems; the first one consist of PV module alone and second one consist of PV module with hydro, i.e., hybrid power station. Also the second site is first optimized with PV alone and then hybrid with the hydro. For both optimizations, PV alone and hybrid PV-hydro are compared. The first module consists of PV panel, battery for storage and power converter. The second module consists of PV panel, battery for storage, hydro unit and power converter. All the data of Paradol village is taken from NASA (National Aeronautics and Space Administration). Also the flow rate data of hydro is taken from the Hasdeo River. The same capacity hybrid system is developed in HOMER software and an economic feasibility analysis is compared for both the systems. The parameters considered for the evaluations are NPC, LCOE, annual cost, CO emission and payback period.

Keywords

Net Present Cost (NPC), Levelized Cost of Energy (LCOE), Emission Factor, Hybrid System, Residential Load, HOMER Pro.

How to Cite this Article?

Verma, P., and Verma, H. (2020). Feasibility Analysis of Stand-Alone and Hybrid Energy Systems for Residential Loads. i-manager’s Journal on Power Systems Engineering, 8(1), 31-36. https://doi.org/10.26634/jps.8.1.17567

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