DEVELOPMENT OF HYBRID ENERGY MODEL FOR COST OPTIMIZATION OF ENERGY

Anil Songare, Md. Firoz Kamlesh Gupta, Yogendra S. Dohare

Abstract


Abstract:- In this paper, Proposed a Hybrid Energy Model for cost optimization of Energy for electrical load of IPS Academy Indore. In this work, the computation, simulation & optimization of the hybrid energy system are done for optimizing cost of energy. The hybrid energy model consist the Diesel generator set, Solar Panel, Wind Turbine, and Storage system to fulfill electrical load requirements of IPS academy Indore. The computation and simulation are done by using HOMER Pro 3.13.3 software. HOMER Pro is analyzed the sizing, cost optimization and control strategy of proposed hybrid energy model. In this work are considered a hybrid energy model feeding AC primary load 2524kWh/day (scaled average) and energy consumption with 450kW maximum load demand. Proposed Hybrid energy model is optimized cost of energy INR Rs.6.99/kwh which is shown by simulated result.

Keywords:- Renewable Energy, Cost of Energy, Hybrid energy system, Operation & Maintenance cost, and Global Horizontal Irradiance.


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References


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