Abstract
The new and improved Smart Grid (SG) is replacing conventional electrical grid due to: (a) Integration of renewable energy sources, (b) Demand response programs, (c) energy management system, and (d) supply versus demand management. The electrical demand is typically supplied by conventional fossil fuel generation that induces high cost and increased carbon dioxide (CO2) emissions. Therefore, to overcome abovementioned issues, there is a pressing need to supply the consumer demand using hybrid energy system with low cost and reduced CO2 emissions. The analytical assessment of optimal hybrid power generation system at University campus is performed during load shedding hours or unavailability of power supply from the conventional power system. Further, this paper analyzes four various configurations of the power system that includes: (a) Diesel based, (b) Photo Voltaic (PV) based, (c) Wind based, and (d) Wind and PV based power generation system. Cost of Energy (COE) and Net Present Cost (NPC) plays a vital role in opting for power generation system. Therefore, this research will analyze COE and NPC for the abovementioned configurations using Hybrid Optimization Model for Electric Renewables (HOMER) software. A configuration with reduced COE and NPC will be proposed for University campus.
| Original language | English |
|---|---|
| Title of host publication | ICECE 2017 - 2017 International Conference on Energy Conservation and Efficiency, Proceedings |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| Pages | 16-21 |
| Number of pages | 6 |
| ISBN (Electronic) | 9781538636060 |
| DOIs | |
| State | Published - 28 Jun 2017 |
| Externally published | Yes |
| Event | 2017 International Conference on Energy Conservation and Efficiency, ICECE 2017 - Lahore, Pakistan Duration: 22 Nov 2017 → 23 Nov 2017 |
Publication series
| Name | ICECE 2017 - 2017 International Conference on Energy Conservation and Efficiency, Proceedings |
|---|---|
| Volume | 2018-January |
Conference
| Conference | 2017 International Conference on Energy Conservation and Efficiency, ICECE 2017 |
|---|---|
| Country/Territory | Pakistan |
| City | Lahore |
| Period | 22/11/17 → 23/11/17 |
Bibliographical note
Publisher Copyright:© 2017 IEEE.
Keywords
- Cost of Energy
- Hybrid Optimization Model for Electric Renewables
- Net Present Cost
- Photovoltaic System
- Smart Grid
- Wind Turbines
ASJC Scopus subject areas
- Energy Engineering and Power Technology
- Renewable Energy, Sustainability and the Environment