Assessment of economic viability for PV/wind/diesel hybrid energy system in southern Peninsular Malaysia

• Published in: Renewable & sustainable energy reviews Vol. 16; no. 1; pp. 634 - 647
• Main Authors: Ngan, Mei Shan, Tan, Chee Wei
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier Ltd 2012; Elsevier
• Subjects: Applied sciences; batteries; carbon dioxide; computer software; economic analysis; economic sustainability; Economical analysis; electricity; Energy; Exact sciences and technology; HOMER software; Hybrid PV-wind-diesel system; Optimal configuration; prices; Stand-alone diesel system; wind; Malaysia; Optimal configuration; Stand-alone diesel system; Hybrid PV-wind-diesel system; Economical analysis; HOMER software
• ISSN: 1364-0321; 1879-0690
• DOI: 10.1016/j.rser.2011.08.028

This paper analyzed the potential implementation of hybrid photovoltaic (PV)/wind turbine/diesel system in southern city of Malaysia, Johor Bahru. HOMER (hybrid optimization model for electric renewable) simulation software was used to determine the technical feasibility of the system and to perform the economical analysis of the system. There were seven different system configurations, namely stand-alone diesel system, hybrid PV–diesel system with and without battery storage element, hybrid wind–diesel system with and without battery storage element, PV–wind–diesel system with and without storage element, will be studied and analyzed. The simulations will be focused on the net present costs, cost of energy, excess electricity produced and the reduction of CO 2 emission for the given hybrid configurations. At the end of this paper, PV–diesel system with battery storage element, PV–wind–diesel system with battery storage element and the stand-alone diesel system were analyzed based on high price of diesel.