Modelling and Optimising the Value of a Hybrid Solar-Wind System

Frontiers in Automobile and Mechanical Engineering

Nair, Arjun^1 ; Murali, Kartik^1 ; Anbuudayasankar, S.P.^1 ; Arjunan, C.V.^2

Department of Mechanical Engineering, Amrita School of Engineering - Coimbatore, Amrita Vishwa Vidyapeetham University, Tamil Nadu

641112, India^1

Coimbatore Institute Engineering of Technology, narasipuram road, Dist. Coimbatore, Narasipuram, tamil nadu

641109, India^2

关键词: Energy demands;    Financial yields;    Hybrid solar-wind system;    Individual systems;    Logical constraints;    Net present value;    Related variables;    Solar hybrid systems;   

Others  :  https://iopscience.iop.org/article/10.1088/1757-899X/197/1/012035/pdf
DOI  :  10.1088/1757-899X/197/1/012035

来源: IOP

【 摘 要 】

In this paper, a net present value (NPV) approach for a solar hybrid system has been presented. The system, in question aims at supporting an investor by assessing an investment in solar-wind hybrid system in a given area. The approach follow a combined process of modelling the system, with optimization of major investment-related variables to maximize the financial yield of the investment. The consideration of solar wind hybrid supply presents significant potential for cost reduction. The investment variables concern the location of solar wind plant, and its sizing. The system demand driven, meaning that its primary aim is to fully satisfy the energy demand of the customers. Therefore, the model is a practical tool in the hands of investor to assess and optimize in financial terms an investment aiming at covering real energy demand. Optimization is performed by taking various technical, logical constraints. The relation between the maximum power obtained between individual system and the hybrid system as a whole in par with the net present value of the system has been highlighted.