Techno-economic optimization for two SHPPs that form a combined system

Vladan M. Karamarković, Miloš V. Nikolić, Rade M. Karamarković, Miodrag V. Karamarković and Miljan R. Marašević

Renewable Energy, 2018, vol. 122, issue C, 265-274

Abstract: More pronounced climate changes and strict environmental requirements change the criteria used for the determination of the installation capacity and the turbine type for a small hydropower plant (SHPP). This paper proposes a technical solution that determines the optimal configuration for two existing SHPPs that operate in a combined system with the aim to increase the production of electricity during the flow rates lower than the minimum flow for which the supplier guarantees the turbine efficiency. When these two SHPPs with the installed capacities 1.220 MW and 1.327 MW and a common weir water intake, work as a combined system, a techno-economic optimization shows that the addition of a turbine in the downstream plant for flows smaller than 17% of the installation flow improves the electricity production. This nonlinear optimization problem is solved in the Matlab environment with constraints defined by applying the Active-Set algorithm. Based on the criterion of the maximum net present value (NPV), the techno-economic analysis shows that a less efficient but cheaper mechanical plant that comprises a less efficient turbine gives the highest NPV during the period of feed-in tariffs.

Keywords: Energy efficiency; Small hydropower plant; Turbine; Optimization; Technical solution; Net present value (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148118300910
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:122:y:2018:i:c:p:265-274

DOI: 10.1016/j.renene.2018.01.081

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().