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<p class="TitleMain">Sizing Optimization and Techno-Economic Analysis of a Hybrid Renewable Energy System Using HOMER Pro Simulation</p>

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Title Statement <p class="TitleMain">Sizing Optimization and Techno-Economic Analysis of a Hybrid Renewable Energy System Using HOMER Pro Simulation</p>
 
Added Entry - Uncontrolled Name Kumar, Sonu ; Academy of Scientific and Innovative Research (AcSIR), Ghaziabad 201 002, Uttar Pradesh, India CSIR-Structural Engineering Research Centre (SERC), Chennai 600 113, Tamil Nadu, India
Sethuraman, Chelliah Pillai; Academy of Scientific and Innovative Research (AcSIR), Ghaziabad 201 002, Uttar Pradesh, India CSIR-Central Scientific Instruments Organisation (CSIO), CSIR Madras Complex, Chennai 600 113, Tamil Nadu, India
Gopi, Chandru ; SRM Easwari Engineering College, Ramapuram, Chennai
Council of Scientific and Industrial Research (CSIR)
 
Uncontrolled Index Term Cost of energy, HOMER Pro, HRES, Net present cost, Sensitivity analysis
 
Summary, etc. <p class="Abstract">Hybrid renewable energy system (HRES) is the integration of multiple energy generating systems installed to generate energy from the renewable sources such as Solar Photovoltaic (PV), wind, bio-generator etc. It is very prudent to determine viable combinations, optimum sizing and to have a techno-economic analysis of HRES before its procurement and installation. In this study two optimum system was modelled using HOMER Pro (open-source version) to meet the electrical load demand of an institution located in Chennai (12.59°N and 80.14°E) and to get the minimum Net Present Cost (NPC) of the proposed system. Based on the modeling, for optimum-1 system the capacity factor and contribution percentage of PV, wind turbine and bio-generator was found to be 79.41%, 0.98%, 19.61% and 92.83%, 0.43%, 6.75%, respectively. And for optimum-2 system, it was 85.86%, 2.02%, 12.12% and 93.31%, 0.82%, 5.87%, respectively. Sensitivity analysis was carried out to find out the variations on NPC and Cost of Energy (COE) by adjusting the cost of PV, wind turbine, battery, converter, bio-generator and fuel, from 0.8 to 1.2 times of its present cost. Based on HOMER Pro simulation, the most feasible system obtained was optimum-1 which consists of 81 kW photovoltaics, 1 kW wind turbine, 20 kW biogas generator, 47.3 kW converter and lead acid battery (rated 101 Ah/12 V-150 numbers) with NPC at $ 1,84,687 to generate energy 1,35,978 kWh per year.</p>
 
Publication, Distribution, Etc. Journal of Scientific and Industrial Research (JSIR)
2021-10-29 12:28:08
 
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http://op.niscair.res.in/index.php/JSIR/article/view/47664
 
Data Source Entry Journal of Scientific and Industrial Research (JSIR); ##issue.vol## 80, ##issue.no## 09 (2021): Journal of Scientific and Industrial Research
 
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Nonspecific Relationship Entry http://op.niscair.res.in/index.php/JSIR/article/download/47664/465564940