Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building

Renewable energy generation systems have been developing rapidly in recent years. However, renewable energy systems have the problem of large power abandonment. In this paper, two different hybrid renewable energy systems (HRESs) have been designed for satisfying the electrical demand of a large...

Fuld beskrivelse

Saved in:
Bibliografiske detaljer
Main Authors: Sun, Wenyuan, Tian, Cong, Jin, Yingai
Format: Article
Sprog:engelsk
Udgivet: Research and Development Wing, MIST 2023
Fag:
Online adgang:http://dspace.mist.ac.bd:8080/xmlui/handle/123456789/747
Tags: Tilføj Tag
Ingen Tags, Vær først til at tagge denne postø!
_version_ 1868227058245566464
author Sun, Wenyuan
Tian, Cong
Jin, Yingai
author_browse Jin, Yingai
Sun, Wenyuan
Tian, Cong
author_facet Sun, Wenyuan
Tian, Cong
Jin, Yingai
author_sort Sun, Wenyuan
collection DSpace
description Renewable energy generation systems have been developing rapidly in recent years. However, renewable energy systems have the problem of large power abandonment. In this paper, two different hybrid renewable energy systems (HRESs) have been designed for satisfying the electrical demand of a large office building in Changchun. A comparative analysis between two strategies is also presented to find out the best capacity for the proposed HRESs. The first HRES consists of solar PV, wind turbine, battery storage system (PV-WT-BATT) and load demand of 5,000 kWh/d. The second consists of solar PV, wind turbine, battery storage system, electrolyzer, hydrogen tank (PV-WT-BATT-EL-HT) and load demand of 5,000 kWh/d. The two HRESs are optimized for Net Present Cost (NPC), Levelized Cost of Energy (COE), Operating Cost and the rate of excess electricity minimization. The techno-economic analysis of the two HRESs is conducted using the HOMER Pro software platform. This study provides a complete guideline for determining the optimum component capacity to ensure costing estimation for the optimized performance of the two HRESs.
format Article
id oai:localhost:123456789-747
institution My University
language English
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher Research and Development Wing, MIST
publisherStr Research and Development Wing, MIST
record_format dspace
spelling oai:localhost:123456789-7472023-01-22T06:10:37Z Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building Sun, Wenyuan Tian, Cong Jin, Yingai Hybrid renewable energy systems, Wind, Solar, Hydrogen Renewable energy generation systems have been developing rapidly in recent years. However, renewable energy systems have the problem of large power abandonment. In this paper, two different hybrid renewable energy systems (HRESs) have been designed for satisfying the electrical demand of a large office building in Changchun. A comparative analysis between two strategies is also presented to find out the best capacity for the proposed HRESs. The first HRES consists of solar PV, wind turbine, battery storage system (PV-WT-BATT) and load demand of 5,000 kWh/d. The second consists of solar PV, wind turbine, battery storage system, electrolyzer, hydrogen tank (PV-WT-BATT-EL-HT) and load demand of 5,000 kWh/d. The two HRESs are optimized for Net Present Cost (NPC), Levelized Cost of Energy (COE), Operating Cost and the rate of excess electricity minimization. The techno-economic analysis of the two HRESs is conducted using the HOMER Pro software platform. This study provides a complete guideline for determining the optimum component capacity to ensure costing estimation for the optimized performance of the two HRESs. 2023-01-22T06:10:36Z 2023-01-22T06:10:36Z 2022-12 Article 2224-2007 http://dspace.mist.ac.bd:8080/xmlui/handle/123456789/747 en application/pdf Research and Development Wing, MIST
spellingShingle Hybrid renewable energy systems, Wind, Solar, Hydrogen
Sun, Wenyuan
Tian, Cong
Jin, Yingai
Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title_full Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title_fullStr Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title_full_unstemmed Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title_short Cost and Reliability Analysis of a Hybrid Renewable Energy System - A Case Study on an Administration Building
title_sort cost and reliability analysis of a hybrid renewable energy system a case study on an administration building
topic Hybrid renewable energy systems, Wind, Solar, Hydrogen
url http://dspace.mist.ac.bd:8080/xmlui/handle/123456789/747
work_keys_str_mv AT sunwenyuan costandreliabilityanalysisofahybridrenewableenergysystemacasestudyonanadministrationbuilding
AT tiancong costandreliabilityanalysisofahybridrenewableenergysystemacasestudyonanadministrationbuilding
AT jinyingai costandreliabilityanalysisofahybridrenewableenergysystemacasestudyonanadministrationbuilding