EconPapers    
Economics at your fingertips  
 

Techno-economic viability of on grid micro-hybrid PV/wind/Gen system for an educational building in Iran

Hadi Taghavifar and Zahra Sadat Zomorodian

Renewable and Sustainable Energy Reviews, 2021, vol. 143, issue C

Abstract: In this research, a highly potential campus site for solar/wind energy production is identified with the purpose of micro-hybrid system installation in on-grid mode to sellback the excess electricity and hence economize the building as a source of income. A PV/wind/grid and PV/wind/grid/gen system are surveyed techno-economic wise. For case1, the net present cost (NPC) equals to $49,022, renewable fraction (RF) of 85.5%, and cost of energy (COE) $0.0024 is achieved at an inflation rate of 10% and wind speed of 6.8 m/s. While for the best feasible design of case2 (case2d), the NPC = $224,430, COE = $0.0272, RF = 63.6% are obtained. The results indicated that for a low inflation rate a simple PV/grid is appropriate and with the increase of inflation, more equipment incorporation to the system is a preferable choice. Increasing the number of wind turbine cause NPC reduction and the wind speed increase leads to COE reduction. The results indicated that the case1 with 10 XL10R and 76.0 kW generator capacity could generate 315000 kWh electricity which means 69.2% expenditure decline compared to when one turbine is used (maximum annual electricity production and minimum NPC). Increment of inflation rate from 10% to 15% at $0.35 biodiesel price, increases the RF from 14% to about 50%. This implies that when the fuel price is low together with the high inflation rate, the renewability of the system is more significant.

Keywords: Biodiesel-fueled generator; Building energy simulation; Techno-Economic evaluation; Electricity sellback; Hybrid system; PV/wind (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032121001714
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:rensus:v:143:y:2021:i:c:s1364032121001714

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2021.110877

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

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

 
Page updated 2025-03-19
Handle: RePEc:eee:rensus:v:143:y:2021:i:c:s1364032121001714