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Proceedings 2017, 1(7), 693; doi:10.3390/proceedings1070693

Techno-Economic Feasibility of a Hybrid Power Generation System for Developing Economies

Faculty of ACES, Sheffield Hallam University, Sheffield S1 1WB, UK
Presented at the Sustainable Places 2017 Conference (SP2017), Middlesbrough, UK, 28–30 June 2017.
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Author to whom correspondence should be addressed.
Published: 2 November 2017
(This article belongs to the Proceedings of the Sustainable Places 2017 (SP2017) Conference)
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Abstract

This work investigates the feasibility of hybrid power generation system using multiple energy sources to fulfil the electrical demand of a residential community. The system performance is evaluated against the capital investment, Cost of Electricity (COE), CO2 emissions and Net Present Cost. Results indicate that the hybrid system reduces the COE by 47% compared to grid price and has a negative CO2 emissions of 24,603 kg/yr due to supplying its surplus energy to the grid. Renewable sources contribute to 80.1% of the overall power produced by the hybrid system. The study finds that the hybrid systems could replace complete dependency on grids.
Keywords: renewable energy; power generation; HOMEREnergy; carbon emission renewable energy; power generation; HOMEREnergy; carbon emission
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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MDPI and ACS Style

Mukherjee, S.; Asthana, A. Techno-Economic Feasibility of a Hybrid Power Generation System for Developing Economies. Proceedings 2017, 1, 693.

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