A Review on Grid-connected Solar-Wind Hybrid System for Electrical Application

Abstract

Recently, the smart grid has been paying more and more attention to renewable energy production and electric vehicles (EVs). In order to meet the electrical load demand in India, a grid-connected solar-wind hybrid system is presented in this study. The system also includes a charging station for electric vehicles. The proposed setup is subjected to an economic analysis in order to meet both the retail center's electrical load demand and the demand for EV charging. The cost of the energy that is purchased and then sold to the utility grid is taken into account while designing the suggested system, and the utility grid and other system components are guaranteed to exchange power. By utilising optimization techniques, the component is sized to achieve the lowest levelized cost of electricity (LCOE) while decreasing the probability of a power supply failure (LPSP). The efficient management of renewable energy generation and load needs is determined to be a key to designing a system that is both affordable and dependable. Particularly in poorer nations, the proposed approach would be useful in lessening reliance on the grid's heavy load.