Techno-Economic Evaluation of Hybrid Renewable Energy Systems for Power Supply

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

In alignment with the UK's ambitious target to achieve zero-carbon power generation by 2050, this study explores the integration of Hybrid Renewable Energy Systems (HRES) within grid-connected microgrids. This research addresses the techno-economic viability and power quality impacts of HRES to promote sustainable energy solutions. Employing a robust simulation framework using HOMERPro and MATLAB, the study meticulously evaluates HRES configurations to determine the most cost-effective and efficient system design. The findings in this research underscore their potential in enhancing grid stability, reducing carbon emissions, and contributing economically via lower energy costs. Results indicate significant improvements in financial metrics, achieving a Levelised Cost of Energy (LCOE) of 0.157 £/kWh, showcasing its economic advantage against conventional energy sources. Additionally, the optimized system demonstrated a Total Harmonic Distortion (THD) level below 5%, ensuring compliance with stringent power quality standards. This research not only supports the UK's energy transition goals but also provides a replicable model for similar energy systems worldwide, highlighting the critical role of integrated renewable solutions in achieving global decarbonization objectives.
Original languageEnglish
Title of host publicationThe 29th International Conference on Automation and Computing
Subtitle of host publication(ICAC2024)
PublisherIEEE
Pages1-6
Number of pages6
ISBN (Electronic)9798350360899
ISBN (Print)9798350360882
DOIs
Publication statusPublished - 23 Oct 2024
Event29th International Conference on Automation and Computing, ICAC 2024 - Sunderland, United Kingdom
Duration: 28 Aug 202430 Aug 2024

Conference

Conference29th International Conference on Automation and Computing, ICAC 2024
Country/TerritoryUnited Kingdom
CitySunderland
Period28/08/2430/08/24

Fingerprint

Dive into the research topics of 'Techno-Economic Evaluation of Hybrid Renewable Energy Systems for Power Supply'. Together they form a unique fingerprint.

Cite this