Cost analysis of PV/Wind/diesel/grid connected hybrid systems

Author

Moniruzzaman, Md ; Hasan, Samiul

Author_Institution

Dept. of Electr. & Electron. Eng., Bangladesh Univ. of Eng. & Technol., Dhaka, Bangladesh

fYear

2012

fDate

18-19 May 2012

Firstpage

727

Lastpage

730

Abstract

This paper is based on the techno-economic analysis of a several hybrid energy system models for optimization. The analysis of the hybrid systems are based on the logistic type numerical models implemented in the HOMER (Hybrid Optimization Model for Electric Renewables) software package developed by National Renewable Energy Laboratory (NREL), Colorado, USA. This software package is used to analyze the Wind and solar data of a tourist spot in Bandarban, Bangladesh. Analysis of only renewable based hybrid systems have been done as well as grid connected systems. A comparison is shown based on per unit cost of electricity production, operating cost found by simulation results and traditional fossil fuel based energy sources.

Keywords

costing; diesel-electric power stations; photovoltaic power systems; power engineering computing; power generation economics; power grids; wind power plants; Bandarban; Bangladesh; Colorado; HOMER software package; Hybrid Optimization Model for Electric Renewables; NREL; National Renewable Energy Laboratory; PV-wind-diesel-grid-connected hybrid systems; USA; cost analysis; electricity production; fossil fuel-based energy sources; hybrid energy system models; logistic-type numerical model; operating cost; renewable-based hybrid systems; solar data; techno-economic analysis; wind data; Petroleum; Production; Reliability; HOMER; PV; cost analysis; diesel; grid; wind;

fLanguage

English

Publisher

ieee

Conference_Titel

Informatics, Electronics & Vision (ICIEV), 2012 International Conference on

Conference_Location

Dhaka

Print_ISBN

978-1-4673-1153-3

Type

conf

DOI

10.1109/ICIEV.2012.6317346

Filename

6317346