scholarly journals Notes on the Economics of Residential Hybrid Energy System

Energies ◽  
2019 ◽  
Vol 12 (14) ◽  
pp. 2639
Author(s):  
Mahelet G. Fikru ◽  
Gregory Gelles ◽  
Ana-Maria Ichim ◽  
Joseph D. Smith
Keyword(s):  
Renewable Energy ◽  
Energy Systems ◽  
Energy System ◽  
Economic Feasibility ◽  
Energy Output ◽  
Small Scale ◽  
Hybrid Energy System ◽  
Hybrid Energy ◽  
Residential Sector ◽  
Hybrid Renewable Energy

Despite advances in small-scale hybrid renewable energy technologies, there are limited economic frameworks that model the different decisions made by a residential hybrid system owner. We present a comprehensive review of studies that examine the techno-economic feasibility of small-scale hybrid energy systems, and we find that the most common approach is to compare the annualized life-time costs to the expected energy output and choose the system with the lowest cost per output. While practical, this type of benefit–cost analysis misses out on other production and consumption decisions that are simultaneously made when adopting a hybrid energy system. In this paper, we propose a broader and more robust theoretical framework—based on production and utility theory—to illustrate how the production of renewable energy from multiple sources affects energy efficiency, energy services, and energy consumption choices in the residential sector. Finally, we discuss how the model can be applied to guide a hybrid-prosumer’s decision-making in the US residential sector. Examining hybrid renewable energy systems within a solid economic framework makes the study of hybrid energy more accessible to economists, facilitating interdisciplinary collaborations.

scholarly journals Potential Techno-Economic Feasibility of Hybrid Energy Systems for Electrifying Various Consumers in Yemen

2020 ◽  
Vol 13 (1) ◽  
pp. 228
Author(s):  
Saif Mubaarak ◽  
Delong Zhang ◽  
Jinxin Liu ◽  
Yongcong Chen ◽  
Longze Wang ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Diesel Engine ◽  
Energy Systems ◽  
Energy System ◽  
Economic Feasibility ◽  
Hybrid Energy System ◽  
Hybrid Energy ◽  
Hybrid Energy Systems ◽  
The Status ◽  
Energy Strategies

Global warming and climate change are becoming a global concern. In this regard, international agreements and initiatives have been launched to accelerate the use of renewable energy and to mitigate greenhouse gas (GHG) emissions. Yemen is one of the countries signed on these agreements. However, Yemen is facing the problem that the structure of the power grid is fragile and the power shortage is serious. Accordingly, this paper aims to study the potential for renewable energy in Yemen and assess the technical and economic feasibility of hybrid energy systems. Firstly, this paper introduces the status and challenges of Yemen’s electricity sector, the status of renewable energy, and the status of GHG emission. Secondly, this study proposes the method of optimizing different configurations of off-grid hybrid (solar/wind/diesel engine) energy systems for electrifying various consumers in Taiz province, Yemen under three scenarios of energy strategies. The objective function is to seek the most optimal hybrid energy system that achieves the least cost and most advantageous technical performance, while instigating the best economic scenario of energy strategies. Finally, Homer pro software is used for simulation, optimization, and sensitivity analysis of the designed energy systems. The results found the best economically feasible scenario, the hybrid PV/wind/diesel energy system, among the other scenarios. A photovoltaic (PV)/wind energy system achieved the best technical performances of 100% CO2 reduction, with a 54.82% reduction in the net present cost (NPC) and cost of energy (COE); while the hybrid energy system (PV/wind/diesel engine) achieved the best economic cost of 61.95% reduction in NPC and COE, with a 97.44% reduction of CO2 emission.

scholarly journals A comparative approach between different optimize result in hybrid energy system using HOMER

2019 ◽  
Vol 9 (1) ◽  
pp. 141
Author(s):  
Shweta Goyal ◽  
Sachin Mishra ◽  
Anamika Bhatia
Keyword(s):  
Renewable Energy ◽  
Energy System ◽  
Physical Contact ◽  
Comparative Approach ◽  
Renewable Sources ◽  
Hybrid Energy System ◽  
Hybrid Energy ◽  
Hybrid Renewable Energy System ◽  
Reliability Issue ◽  
Hybrid Renewable Energy

<p>To compare the different result of optimization of a hybrid energy system. A hybrid renewable energy system (HRES) is the combination of renewable and non-renewable sources which is playing a very important role for rural area electrification when grid extension is not possible or excessively expensive. Non renewable sources like diesel power generator (optional) are used in a HRES for backup when renewable energy supply is not sufficient. While the HRES is very important due to the smallest natural and physical contact compared to non renewable sources, this work proposed a comparison outcome with the help of different component by using HOMER software and get best optimize result for the model. This paper presents a wide-ranging review of various aspects of HRES. This paper discusses study, best sizing, and model, organize aspect and reliability issue.</p>

scholarly journals Assessment of Wind and Solar Hybrid Energy for Agricultural Applications in Sudan

Energies ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 5
Author(s):  
Zafar A. Khan ◽  
Muhammad Imran ◽  
Abdullah Altamimi ◽  
Ogheneruona E. Diemuodeke ◽  
Amged Osman Abdelatif
Keyword(s):  
Renewable Energy ◽  
Case Studies ◽  
Irrigation Water ◽  
Energy Systems ◽  
Water Requirement ◽  
Small Scale ◽  
Hybrid Energy ◽  
Water Pumping ◽  
Hybrid Renewable Energy System ◽  
Hybrid Renewable Energy

In addition to zero-carbon generation, the plummeting cost of renewable energy sources (RES) is enabling the increased use of distributed-generation sources. Although the RES appear to be a cheaper source of energy, without the appropriate design of the RES with a true understanding of the nature of the load, they can be an unreliable and expensive source of energy. Limited research has been aimed at designing small-scale hybrid energy systems for irrigation pumping systems, and these studies did not quantify the water requirement, or in turn the energy required to supply the irrigation water. This paper provides a comprehensive feasibility analysis of an off-grid hybrid renewable energy system for the design of a water-pumping system for irrigation applications in Sudan. A systematic and holistic framework combined with a techno-economic optimization analysis for the planning and design of hybrid renewable energy systems for small-scale irrigation water-pumping systems is presented. Different hybridization cases of solar photovoltaic, wind turbine and battery storage at 12 different sites in Sudan are simulated, evaluated, and compared, considering the crop water requirement for different crops, the borehole depth, and the stochasticity of renewable energy resources. Soil, weather, and climatic data from 12 different sites in Sudan were used for the case studies, with the key aim to find the most robust and reliable solution with the lowest system cost. The results of the case studies suggest that the selection of the system is highly dependent on the cost, the volatility of the wind speed, solar radiation, and the size of the system; at present, hybridization is not the primary option at most of sites, with the exception of two. However, with the reduction in price of wind technology, the possibility of hybrid generation will rise.

scholarly journals Composite Multi-Criteria Decision Analysis for Optimization of Hybrid Renewable Energy Systems for Geopolitical Zones in Nigeria

2020 ◽  
Vol 12 (14) ◽  
pp. 5732
Author(s):  
Michael O. Ukoba ◽  
Ogheneruona E. Diemuodeke ◽  
Mohammed Alghassab ◽  
Henry I. Njoku ◽  
Muhammad Imran ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Systems ◽  
Energy System ◽  
Solar Pv ◽  
Hybrid Energy ◽  
Electricity Cost ◽  
Hybrid Renewable Energy Systems ◽  
Cost Of Energy ◽  
Battery Energy ◽  
Hybrid Renewable Energy

This paper presents eight hybrid renewable energy (RE) systems that are derived from solar, wind and biomass, with energy storage, to meet the energy demands of an average household in the six geopolitical zones of Nigeria. The resource assessments show that the solar insolation, wind speed (at 30 m hub height) and biomass in the country range, respectively, from 4.38–6.00 kWh/m2/day, 3.74 to 11.04 m/s and 5.709–15.80 kg/household/day. The HOMER software was used to obtain optimal configurations of the eight hybrid energy systems along the six geopolitical zones’ RE resources. The eight optimal systems were further subjected to a multi-criteria decision making (MCDM) analysis, which considers technical, economic, environmental and socio-cultural criteria. The TOPSIS-AHP composite procedure was adopted for the MCDM analysis in order to have more realistic criteria weighting factors. In all the eight techno-economic optimal system configurations considered, the biomass generator-solar PV-battery energy system (GPBES) was the best system for all the geopolitical zones. The best system has the potential of capturing carbon from the atmosphere, an attribute that is desirous for climate change mitigation. The cost of energy (COE) was seen to be within the range of 0.151–0.156 US$/kWh, which is competitive with the existing electricity cost from the national grid, average 0.131 US$/kWh. It is shown that the Federal Government of Nigeria favorable energy policy towards the adoption of biomass-to-electricity systems would make the proposed system very affordable to the rural households.

scholarly journals A Review – Renewable energy based micro-cogeneration and hybrid energy systems

2021 ◽  
Vol 294 ◽  
pp. 01004
Author(s):  
Sonja Kallio ◽  
Monica Siroux
Keyword(s):  
Renewable Energy ◽  
High Efficiency ◽  
Renewable Energy Sources ◽  
Energy Systems ◽  
Energy System ◽  
Primary Energy ◽  
Hybrid Energy ◽  
Hybrid Renewable Energy System ◽  
Hybrid Energy Systems ◽  
Hybrid Renewable Energy

To reduce carbon and greenhouse gas emissions, the more efficient and environmentally friendly energy production in the building sector is required. The deployment of renewable energy based microcogeneration units in the decentralized hybrid energy systems is a part of the solution. The micro combined heat and power (micro-CHP), or co-generation, units produce simultaneously heat and electricity from a single fuel source at high efficiency and close to the consumption point. These units offer significant benefits: reduced primary energy consumption, reduced CO2 emissions, and avoidance of distribution losses due to central plant and network construction. The objective of this paper is to present a review of available renewable energy based micro-CHP systems and to focus on the biomass and solar based conversion devices. Finally, a novel hybrid renewable energy system is presented by coupling renewable energy sources, such as solar and biomass for micro-CHP.

scholarly journals MULTI-OBJECTIVE OPTIMIZATION FOR OPTIMAL HYBRID RENEWABLE ENERGY SOURCE SELECTION IN HYBRID RENEWABLE ENERGY SYSTEMS

2021 ◽  
Vol 58 (1) ◽  
pp. 4283-4288
Author(s):  
Shilaja C, Dr. S. Jeyanthi
Keyword(s):  
Renewable Energy ◽  
Evolutionary Algorithm ◽  
System Optimization ◽  
Energy System ◽  
World Population ◽  
Power Demand ◽  
Hybrid Energy System ◽  
Hybrid Energy ◽  
Multi Objective ◽  
Hybrid Renewable Energy

Power generation is more important to fulfill power demand throughout the world. Population and their electric power demand are increasing day by day. Achieve the energy demand from end-users, and recent research works have concentrated on designing a hybrid energy system. This paper proposed a multi-objective optimized model of a hybrid renewable energy system for a grid. The optimal model can choose a suitable design model of solar, wind, diesel, and batteries interconnected in the hybrid energy system. Optimization is applied for minimizing the system cost, fuel cost and diminish the fuel emission. It also aimed to improve the reliability of renewable sources. Initially, the problem is defined as a multi-objective problem and solved by a multi-objective evolutionary algorithm. From the simulation results, it is identified that the proposed multi-objective evolutionary algorithm performs better.

scholarly journals Optimal Sizing and Scheduling of Hybrid Energy Systems: The Cases of Morona Santiago and the Galapagos Islands

Energies ◽  
2020 ◽  
Vol 13 (15) ◽  
pp. 3933
Author(s):  
Pablo Benalcazar ◽  
Adam Suski ◽  
Jacek Kamiński
Keyword(s):  
Fossil Fuels ◽  
Programming Model ◽  
Energy Systems ◽  
Energy System ◽  
Economic Feasibility ◽  
Hybrid Energy System ◽  
Support Tool ◽  
Energy Supply System ◽  
Hybrid Energy ◽  
Hybrid Energy Systems

Hybrid energy systems (HESs) generate electricity from multiple energy sources that complement each other. Recently, due to the reduction in costs of photovoltaic (PV) modules and wind turbines, these types of systems have become economically competitive. In this study, a mathematical programming model is applied to evaluate the techno-economic feasibility of autonomous units located in two isolated areas of Ecuador: first, the province of Galapagos (subtropical island) and second, the province of Morona Santiago (Amazonian tropical forest). The two case studies suggest that HESs are potential solutions to reduce the dependence of rural villages on fossil fuels and viable mechanisms to bring electrical power to isolated communities in Ecuador. Our results reveal that not only from the economic but also from the environmental point of view, for the case of the Galapagos province, a hybrid energy system with a PV–wind–battery configuration and a levelized cost of energy (LCOE) equal to 0.36 $/kWh is the optimal energy supply system. For the case of Morona Santiago, a hybrid energy system with a PV–diesel–battery configuration and an LCOE equal to 0.37 $/kWh is the most suitable configuration to meet the load of a typical isolated community in Ecuador. The proposed optimization model can be used as a decision-support tool for evaluating the viability of autonomous HES projects at any other location.

scholarly journals Dynamic Stability Enhancement of a Hybrid Renewable Energy System in Stand-Alone Applications

Computation ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 14
Author(s):  
Ezzeddine Touti ◽  
Hossem Zayed ◽  
Remus Pusca ◽  
Raphael Romary
Keyword(s):  
Renewable Energy ◽  
Energy Systems ◽  
Experimental Tests ◽  
Energy System ◽  
Induction Generator ◽  
Technical Solution ◽  
Hybrid Energy ◽  
Wind Speeds ◽  
Hybrid Renewable Energy System ◽  
Stability Enhancement

Renewable energy systems have been extensively developed and they are attractive to become widespread in the future because they can deliver energy at a competitive price and generally do not cause environmental pollution. However, stand-alone energy systems may not be practical for satisfying the electric load demands, especially in places having unsteady wind speeds with high unpredictability. Hybrid energy systems seem to be a more economically feasible alternative to satisfy the energy demands of several isolated clients worldwide. The combination of these systems makes it possible to guarantee the power stability, efficiency, and reliability. The aim of this paper is to present a comprehensive analysis and to propose a technical solution to integrate a self-excited induction generator in a low power multisource system. Therefore, to avoid the voltage collapsing and the machine demagnetization, the various parameters have to be identified. This procedure allows for the limitation of a safe operating area where the best stability of the machine can be obtained. Hence, the load variation interval is determined. An improvement of the induction generator stability will be analyzed. Simulation results will be validated through experimental tests.

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