Abstract
Economics and Environment Assessment of Microgrid Configurations for Rural Area with Standalone and Integrated Energy Storage System
Highlights
Microgrid is known as a small-scale grid that able to supply load with different combination of resources and can be connected or isolated from the utility grid
The results show in table II, the Net Present Cost, operational and LCOE is higher than existing system with includes battery i.e. $9,106,820, $352,993.30 and 0.4122 $/kWh respectively
This study investigates the economic analysis in different system in Tanjung Labian by using HOMER
Summary
Microgrid is known as a small-scale grid that able to supply load with different combination of resources and can be connected or isolated from the utility grid. It is usually difficult to install power grid from the main land to far island due to various issues including transportation, economics and reliability issues. Microgrid can be found in certain places such in university, hospital, military bases, islanding, airport and large industrial facilities. The rising of population growth rate and urbanization levels causes increasing in electricity demand and emission of carbon dioxide emission. Application of renewable energy leads to more sustainable and minimizes fuel consumption and harmful gases emission (Aghamohammadi & Abdolahinia, 2014)
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More From: International Journal of Academic Research in Economics and Management Sciences
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