Technical and Economic Analysis of Solar PV/Diesel Generator Smart Hybrid Power Plant Using Different Battery Storage Technologies for SRM IST, Delhi-NCR Campus

Shilpa Sambhi, Himanshu Sharma, Vikas Bhadoria, Pankaj Kumar, Ravi Chaurasia, Georgios Fotis and Vasiliki Vita
Additional contact information
Shilpa Sambhi: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, Uttar Pradesh, India
Himanshu Sharma: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, Uttar Pradesh, India
Vikas Bhadoria: Industry Integration Cell, Shri Vishwakarma Skill University, Palwal 121102, India
Pankaj Kumar: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, Uttar Pradesh, India
Ravi Chaurasia: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, Uttar Pradesh, India
Georgios Fotis: Department of Electrical and Electronic Engineering Educators, School of Pedagogical and Technological Education, 14121 Athens, Greece
Vasiliki Vita: Department of Electrical and Electronic Engineering Educators, School of Pedagogical and Technological Education, 14121 Athens, Greece

Sustainability, 2023, vol. 15, issue 4, 1-23

Abstract: This paper presents atechnical and economic analysis of the proposed solar PV/diesel generator smart hybrid power plant for a part of SRM IST, Delhi-NCR campus. The analysis was performed using five battery storage technologies: lead-acid, lithium-ion, vanadium flow, zinc bromide and nickel-iron. The analysis also used the HOMER Pro software. The analysis was conducted to assess performance parameters such as initial cost, simple payback period, return on investment, energy produced, renewable penetration and emission of air pollutants. The optimal solution was obtained as SPP(200 kW)/DG(82 kW)/ZB(2000 kWh), with cycle charging dispatch strategy. The initial cost of this configuration is estimated to be USD163,445, and the operating cost is USD534 per year. The net present cost is estimated to be USD170,348, and the estimated cost of energy with this configuration has been obtained as USD0.090 per kWh. It is estimated that with this optimal solution, the diesel generator may consume only 110 L/year of diesel, which is the minimum of all configurations. Sensitivity analysis was performed between the size of the solar PV array and the size of the battery, along with variations in the battery’s nominal capacity and renewable fraction.

Keywords: technical–economic analysis; levelized cost of energy; net present cost; hybrid power plant; battery technology (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/4/3666/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/4/3666/ (text/html)

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:gam:jsusta:v:15:y:2023:i:4:p:3666-:d:1070954

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().