Techno-economic analysis of autonomous hybrid photovoltaic-diesel-battery system

Hrayshat, Eyad S.

doi:10.1016/j.esd.2009.07.003

Cited by 79 publications

(31 citation statements)

References 3 publications

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“…From the reviewed research work in [9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25], most of the proposed models utilize daily or hourly data. Moreover, simple battery model is considered in most of the cases which does not reflect the dynamic behavior of this device.…”

Section: Introductionmentioning

confidence: 99%

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Simplified performance models of photovoltaic/diesel generator/battery system considering typical control strategies

Ameen

Pasupuleti

Khatib

2015

Energy Conversion and Management

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Section: Introductionmentioning

confidence: 99%

“…The most frequently used software is HOMER software [9][10][11][12][13][14]. With HOMER, the simulation of PV/DG/battery systems is carried out using hourly meteorological and load demand data.…”

Section: Introductionmentioning

confidence: 99%

Simplified performance models of photovoltaic/diesel generator/battery system considering typical control strategies

Ameen

Pasupuleti

Khatib

2015

Energy Conversion and Management

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“…Many international studies examine techno-economic analysis [20][21][22][23][24] for building integrated photovoltaics [25,26].…”

Section: Literature Reviewmentioning

confidence: 99%

Economic Valuation of Ground Mounted Photovoltaic Systems

et al. 2017

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Abstract:The appraisal of ground mounted photovoltaic systems is an important question, due to increasing investments in renewable energies. The costs related to installation and maintenance, and the economic benefits related to the energy saving, suggests the use of an income approach, in order to consider the financial aspects of the photovoltaic systems. This paper proposes the use of the Discounted Cash Flow Analysis (DCFA). The DCFA allows to simulate the entire life cycle of the photovoltaic system, from the acquisition date to the end of its life cycle, to evaluate the most probable market value by discounting the annual cash flows generated by the system. In particular, the paper proposes a procedure to determine the discount rate in an innovative manner through the combination of a conventional financial method (the Build up Approach) and the analytical method which makes recourse to the use of the ascending and descending influences that act, each with positive or negative sign, on the specific risk factors related to the photovoltaic investment. To obtain an objective appraisal of the discount rate, the theory of the ascending and descending influences has been applied in this specific case for the calculation of the risk premium. The percentage incidences of the ascending and descending influences, which influence the formation of the risks to which they refer, are determined through this study for all the intrinsic factors, which are part of the photovoltaic investment risks.

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“…Hrayshat 91 carried out a detailed techno-economic analysis using HOMER software to design an optimal hybrid PV-diesel-battery system for remote house in Jordan.…”

Section: Software Based Approachmentioning

confidence: 99%

Optimization of hybrid renewable energy power systems: A review

Bhandari

Lee

et al. 2015

Int. J. of Precis. Eng. and Manuf.-Green Tech.

309

108

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The characteristics of power produced from photovoltaic (PV) and Wind systems are based on the weather condition. Both the system are very unreliable in itself without sufficient capacity storage devices like batteries or back-up system like conventional engine generators. The reliability of the system significantly increases when two systems are hybridized with the provision of storage device. Even in such case, sufficient battery bank capacity is required to provide power to the load in extended cloudy days and non-windy days. Therefore the optimal sizing of system component represents the important part of hybrid power system. This paper summarizes recent trends of energy usage from renewable sources. It discusses physical modeling of renewable energy systems, several methodologies and criteria for optimization of the Hybrid Renewable Energy System (HRES). HRES is getting popular in the present scenario of energy and environmental crises. In this paper, we present a comprehensive review on the current state of optimization techniques specifically suited for the small and isolated power system based on the published literatures. The recent trend in optimization in the field of hybrid renewable energy system shows that artificial intelligence may provide good optimization of system without extensive long term weather data.

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Techno-economic analysis of autonomous hybrid photovoltaic-diesel-battery system

Cited by 79 publications

References 3 publications

Simplified performance models of photovoltaic/diesel generator/battery system considering typical control strategies

Simplified performance models of photovoltaic/diesel generator/battery system considering typical control strategies

Economic Valuation of Ground Mounted Photovoltaic Systems

Optimization of hybrid renewable energy power systems: A review

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