Techno-Economic Optimization of an Off-Grid Hybrid Power Generation for SRM IST, Delhi-NCR Campus

Shilpa Sambhi, Himanshu Sharma, Pankaj Kumar, Georgios Fotis, Vasiliki Vita and Lambros Ekonomou
Additional contact information
Shilpa Sambhi: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, India
Himanshu Sharma: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, India
Pankaj Kumar: Department of Electrical and Electronics Engineering, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad 201204, 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
Lambros Ekonomou: Department of Electrical and Electronic Engineering Educators, School of Pedagogical and Technological Education, 14121 Athens, Greece

Energies, 2022, vol. 15, issue 21, 1-24

Abstract: The limited availability of fossil fuels such as coal and increasing air pollution levels due to the burning of coal have pushed the trend of generating electricity from fossil fuels to generating it from locally available renewable resources. It is expected that the cost of electricity will decrease when locally available renewable resources are used. In this paper, it was proposed to commission a solar PV system in a part of an academic building of SRM IST University. The present study is an effort in-line with many initiatives taken up by the Indian Government. The performance index of solar PV system was analyzed. Supporting data were obtained from the NASA PDAV tool and then techno-economical analysis was carried out on HOMER. The average performance ratio and capacity factor of the solar PV system were obtained as 64.49% and 14.90%, respectively. For the optimal configuration, the net present cost and the levelized cost of electricity are $639,981 and $0.34 per kWh, respectively. As per the estimation, there will be no air pollution due to the proposed configuration, whereas if only a diesel generator is commissioned, then 200,417 kg of carbon dioxide will be emitted annually.

Keywords: performance index; solar PV system; off-grid hybrid power generation plant; net present cost; levelized cost of electricity; sensitivity analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.mdpi.com/1996-1073/15/21/7880/pdf (application/pdf)
https://www.mdpi.com/1996-1073/15/21/7880/ (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:jeners:v:15:y:2022:i:21:p:7880-:d:951632

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

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