Skip to main content

Techno-economic Feasibility Investigation of an Integrated Renewable Energy System

  • Conference paper
  • First Online:
Proceedings from the International Conference on Hydro and Renewable Energy (ICHRE 2022)

Part of the book series: Lecture Notes in Civil Engineering ((LNCE,volume 391))

Included in the following conference series:

  • 62 Accesses

Abstract

Despite the number of electrification schemes in India, households in rural sectors at isolated locations do not have access to power due to the higher cost and intricacy of grid extension. All these issues can be addressed by utilizing locally available renewable energy resources. The objective of this study is to develop an integrated renewable energy system (IRES) design framework and to evaluate the techno-economic viability of potential IRES to provide electricity to remote rural hilly area. As a case study, Munsyari Tehsil of district Pithoragarh, Uttarakhand (India), has been considered and a thorough load-resource assessment is carried out for this area. Considering the estimated renewable energy sources, system size optimization and sensitivity analysis is performed on the SPV/HEP/BOG/BES in the MATLAB environment using the chimp optimization algorithm to meet peak-load demand. Based on the constraints of available land area and energy reliability, optimization results have been obtained. Results revealed that the system optimized with land constraint is 25% more cost-effective than the system optimized without land constraint, with a total life cycle cost of INR 51.365 million. Finally, a sensitivity analysis is performed, and it is found that the land area constraint has a significant impact on the system's energy reliability. The study findings will help policymakers, analysts, and planners of IRESs to pinpoint site-based design limitations and create effective IRES solutions in hilly remote rural areas.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 219.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 279.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Hassan R, Das BK, Hasan M (2022) Integrated off-grid hybrid renewable energy system optimization based on economic, environmental, and social indicators for sustainable development. Energy 250:123823. https://doi.org/10.1016/j.energy.2022.123823

    Article  Google Scholar 

  2. Malik P, Awasthi M, Sinha S (2022) A techno-economic investigation of grid integrated hybrid renewable energy systems. Sustain Energy Technol Assessments 51(July 2021):101976. https://doi.org/10.1016/j.seta.2022.101976

  3. Al-Ghussain L, Darwish Ahmad A, Abubaker AM, Mohamed MA (2021) An integrat-ed photovoltaic/wind/biomass and hybrid energy storage systems towards 100% renewable energy microgrids in university campuses. Sustain Energy Technol Assessments 46(December 2020):101273. https://doi.org/10.1016/j.seta.2021.101273

  4. Akarsu B, Serdar Genç M (2022) Optimization of electricity and hydrogen production with hybrid renewable energy systems. Fuel 324(PA):124465. https://doi.org/10.1016/j.fuel.2022.124465

  5. Singh P, Pandit M, Srivastava L (2022) Techno-socio-economic-environmental estimation of hybrid renewable energy system using two-phase swarm-evolutionary algorithm. Sustain Energy Technol Assessments 53(PA):102483. https://doi.org/10.1016/j.seta.2022.102483

  6. Ramesh M, Saini RP (2020) Dispatch strategies based performance analysis of a hybrid renewable energy system for a remote rural area in India. J Clean Prod 259:120697

    Article  Google Scholar 

  7. Patel AM, Singal SK (2019) Optimal component selection of integrated renewable energy system for power generation in stand-alone applications. Energy 175:481–504

    Article  Google Scholar 

  8. Vikram Solar. https://www.vikramsolar.com/. Accessed 26 Feb 2022

  9. NGK Insulators (2022) https://www.ngk-insulators.com/en/product/nas.html. Accessed 02 Feb 2022

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Vishal Saini .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Saini, V., Singal, S.K., Saini, R.P. (2024). Techno-economic Feasibility Investigation of an Integrated Renewable Energy System. In: Hodge, BM., Prajapati, S.K. (eds) Proceedings from the International Conference on Hydro and Renewable Energy . ICHRE 2022. Lecture Notes in Civil Engineering, vol 391. Springer, Singapore. https://doi.org/10.1007/978-981-99-6616-5_19

Download citation

  • DOI: https://doi.org/10.1007/978-981-99-6616-5_19

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-99-6615-8

  • Online ISBN: 978-981-99-6616-5

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics