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Cost Optimization of Hybrid Solar, Micro-Hydro and Hydrogen Fuel Cell Using Homer Software
Department of Electrical and Electronics Engineering, Faculty of Engineering, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia
Department of Electrical and Electronics Engineering, Faculty of Engineering, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia
- 1 Department of Electrical and Electronics Engineering, Faculty of Engineering, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia
- 2 Department of Electrical and Electronics Engineering, Faculty of Engineering, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia
Energy and Power Engineering·Volume 07 (2015)·Pages 337–347·Published 7 August 2015·DOI10.4236/epe.2015.78031
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Abstract
The main purpose of this paper is to present the analysis of cost optimization of Hybrid Renewable Energy System in remote area where grid connection is impossible. The analysis of hybrid system is modeled using HOMER software. Homer software is utilized as an assessment with modeling tools that simplifies the task of evaluating designs option for both off-grid and on-grid-connected system that allows load data and parameters to be inputted. In this paper, HOMER is used to find the most cost effective configuration among set of different simulated system to achieve the objective of least possible Levelized Cost of Energy (LCOE) for a given system under a propose load of 75 kW.
KeywordsCostOptimizationLCOEHOMER
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