Abstract
This paper provides a comprehensive feasibility analysis of a hybrid energy system with different configurations to meet electricity and thermal load demand at the University of Southampton campus. The suggested hybrid energy system (HES) comprises wind turbine, biogas generator, battery, CHP natural gas-generator, thermal load controller, boiler, and converter and is simulated in Homer Pro software. In addition, a comparative analysis between stand-alone and on-grid HES is presented. The results indicate that the grid-connected HES is significantly more cost-effective, with a 45% reduction in cost of energy (COE) and %15.5 decrease in net present cost (NPC) compared to the off-grid system, which amounts to 0.03359 $/kWh and 467M$, respectively. The grid-connected HES is not only more eco-friendly in terms of greenhouse gas emissions (GHG) and produces 19% less emissions annually compared to the grid-independent system, but it also effectively achieves a positive return on investment (ROI) of %45 with 2.3 years of payback time. Considering the university’s total emissions of 38.56 kT CO2e, the proposed on-grid hybrid system has the potential to lessen GHG emissions by 91.2%.
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