Abstract
The main objective of this paper is to find the optimum configuration from amongst the different combination of hybrid energy systems that will fulfill the electrical energy requirement of selected village reliably and economically. The various systems that are considered are solar-grid connected system, solar-diesel system, solar-wind energy system, wind-grid connected system, solar-wind-grid connected system, wind-diesel-grid connected system and solar-diesel-grid connected system. The comparison of these systems is done based on various economic indicators like internal rate of return, net present cost, payback period and cost of energy. From amongst the various systems that have been considered in this study wind-grid connected system is best suited hybrid system for the considered case having lowest cost of energy as Rs. 2.34/kWh. Also the initial cost of this system is less in comparison to other hybrid systems considered.
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