HOMER-based DES for techno-economic optimization of grid

Abstract

This study presents the techno-economic feasibility on grid connected distributed energy system (DES) or micro-grid for a big technical institute. It is concentrated on how to optimize the electricity utilization from the grid by delivering, however, much as could reasonably be expected renewable energy and not withstanding that it integrates green vehicle transportation usage such as hydrogen gas and electric cars which are necessary elements of a sustainability in the proposed system. The work is initiated collecting the institute monthly electrical load data, climate data and associated monetary data with the aim of investigating a renewable energy supply system feasibility study. Different scenarios are developed according to the project needs and the scenarios were modelled by HOMER software. The study concludes with a direct comparison of the economic feasibility, renewable energy fraction and emission among all system looks for appropriate sustainable solution. This study will provide helpful insights into the relevant stack holders and policymakers in the development of grid connected distributed energy systems. This can be achieved by HOMER programming that simulates a hundred or even a huge number of techniques. HOMER simulates the procedure of a hybrid micro-grid for an entire year, in time frames from one moment to 60 min.