Renewable Energy Systems: Technologies and Applications for Future Electric Grid

Abstract

Renewable energies can substantially improve the increasing energy demands and mitigate greenhouse gas emissions. It also provides direct and indirect social benefits such as reducing the health and environmental impacts associated with the use of fossil and nuclear fuels, thereby improving standard of living, educational opportunities, creating jobs, reducing poverty, increasing gender equality and ensures energy security. Hybrid renewable energy systems comprising of solar and wind will be effective for efficient power generation, in spite of variability, intermittency and other grid related issues. Prospects and insights of solar photovoltaic and wind energy systems will be discussed by analyzing information reported in various literatures, government and international renewable energy agencies. Also policies and initiatives related to hybrid energy systems concerning environment and economy will be addressed. The progressive path for renewable energy development will be suggested through increased use of renewable energy generation with enhanced reliability, security and resiliency of the future electric grid.