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Technoeconomic Feasibility and Sensitivity Analysis of Off-Grid Hybrid Energy System

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Machine Learning, Advances in Computing, Renewable Energy and Communication

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 768))

Abstract

This paper aims to analyze and configure the optimal configuration of a hybrid renewable energy system to fulfill the electric load requirement of unelectrified rural areas in Chamarajanagar district, Karnataka (India). The renewable energy sources available at the location are solar, wind, and biomass with pumped hydro storage used for the energy-storing purpose. This research paper identified the best-suited design to satisfy the village load demand of a hybrid renewable system in a variety of combinations. Different case studies are compared and evaluated based on the cost of energy (COE), total net present value (NPV), initial capital value (ICV), and operating cost. Also, the behavior of different cost patterns is studied with the variable inputs; therefore, sensitivity analysis is presented in this study.

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Abbreviations

CostTNP:

Total net present value

CostTann:

Total annualized value

CRF:

Capital recovery factor

rate:

Annual interest rate (%)

life:

Plant life (years)

TLoad:

Total load served (kWh/year)

PS:

Solar rated capacity (kW)

DS:

Solar derating factor (%)

Ir:

Solar radiation in present time (kW/m2)

Ir,STC:

Solar radiations at standard conditions (1 kW/m2)

αT:

Temperature coefficient (%/°C)

TS:

Solar cell temperature in present time (°C)

TS,STC:

Solar temperature under standard conditions (25 °C)

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Sharma, S., Sood, Y.R., Maheshwari, A. (2022). Technoeconomic Feasibility and Sensitivity Analysis of Off-Grid Hybrid Energy System. In: Tomar, A., Malik, H., Kumar, P., Iqbal, A. (eds) Machine Learning, Advances in Computing, Renewable Energy and Communication. Lecture Notes in Electrical Engineering, vol 768. Springer, Singapore. https://doi.org/10.1007/978-981-16-2354-7_11

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  • DOI: https://doi.org/10.1007/978-981-16-2354-7_11

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-2353-0

  • Online ISBN: 978-981-16-2354-7

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