Hybrid Renewable Energy Systems in Bangladesh Using HOMER

What is it about?

This paper is exploring new options in photovoltaic (PV) and on-shore wind in the 0.5 to 2 MW capacity range. This research presents environmental and socio-economic impacts of grid-connected hybrid (PV/Wind) power systems by investigating the potentials of the solar and wind energy with considering various sensitivity variables for two case studies based on various economic constrains. The main goal of this research is to generate the lowest possible adverse socio-economic and environmental impacts ensuring a certain degree of monetary benefits. A detail discussion of land and material requirement for the hybrid renewable system has been presented for estimating the economic output. It is found that the proposed model of the hybrid power system can maximize the benefits by reducing the adverse effects of conventional power plants. It also helps the lower income people of Bangladesh to get an access to electricity and thus, increases levels of productivity of the country.

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Why is it important?

The sensitivity analysis gives a suitable relation between sellback price and nominal discount rate in a certain meteorological condition for hybrid renewable energy systems which is definitely will be useful for the future hybrid system development. Our finding also show that how the access to electricity of the lower income group can be increased by RE systems.

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