TY - GEN
T1 - Economic analysis of stand alone and grid connected hybrid energy systems
AU - Türkay, Belgin Emre
AU - Telli, Ali Yasin
PY - 2009/12/14
Y1 - 2009/12/14
N2 - In this paper, a pilot area has been selected and the renewable energy potential for this region has been evaluated making energy cost analysis. The study evaluates the feasibility of utilizing solar and wind energy with hydrogen as storage to meet the electricity requirements of the pilot region in conjunction with the conventional grid based electricity. In order to simulate the operation of the system and to calculate the technical and economic parameters, micropower optimization program HOMER (NREL, US) has been used. HOMER requires some input values such as technological options, cost of components, resource compliance and the program ranges the feasible system configurations according to the net present cost (system cost) using these inputs. The pilot region where the renewable based energy will be used is determined to be Electrics& Electronics faculty, Istanbul Technical University.
AB - In this paper, a pilot area has been selected and the renewable energy potential for this region has been evaluated making energy cost analysis. The study evaluates the feasibility of utilizing solar and wind energy with hydrogen as storage to meet the electricity requirements of the pilot region in conjunction with the conventional grid based electricity. In order to simulate the operation of the system and to calculate the technical and economic parameters, micropower optimization program HOMER (NREL, US) has been used. HOMER requires some input values such as technological options, cost of components, resource compliance and the program ranges the feasible system configurations according to the net present cost (system cost) using these inputs. The pilot region where the renewable based energy will be used is determined to be Electrics& Electronics faculty, Istanbul Technical University.
UR - http://www.scopus.com/inward/record.url?scp=76249134431&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:76249134431
SN - 9789944898188
T3 - ELECO 2009 - 6th International Conference on Electrical and Electronics Engineering
SP - I34-I39
BT - 6th International Conference on Electrical and Electronics Engineering, ELECO 2009
T2 - 6th International Conference on Electrical and Electronics Engineering, ELECO 2009
Y2 - 5 November 2009 through 8 November 2009
ER -