Economic Analysis and Energy Utilization of Renewable Energy to Supply Electric Charge with Approach of Storage Resources

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Shateri Aliabad F.; Ebazadeh Y.; Alayi R.; Suwarno Iswanto; Najafi A.; Mohammadi Aylar S.Ollah

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Journal Paper

Paper Information

Journal: RENEWABLE ENERGY RESEARCH AND APPLICATIONS Year:2022 | Volume:3 | Issue:2 Page(s): 183-190

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Title

Economic Analysis and Energy Utilization of Renewable Energy to Supply Electric Charge with Approach of Storage Resources

Author(s)

Keywords

Technical and economic analysis

connected and disconnected from the network

storage system

Reliability

Abstract

In this research, technical and economic analysis of the use of storage devices in the hybrid system of wind and solar is performed with the aim of providing a maximum electrical load of residential buildings. To this aim, two scenarios of grid-connected and off-grid system have been studied. two parameters of high reliability and cost per production capacity were used. According to these two parameters, due to the low cost of grid energy and the high cost of purchasing the second scenario cell was selected with the grid-connected system approach. Based on this system, the final generation that has a surplus of production sells the energy to the network and uses the network to supply the load when there is a lack of power to supply the load. According to the cases mentioned in the second scenario, more than 50% of the requested load is supplied by the photovoltaic cell, which indicates the high potential of the study area. For the selected system, the return on investment was 7.53 years, considering the cost of energy is 0.13 $/kWh

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