Abstract
In the case of hybrid model design, the Hybrid Optimization Model for Electric Renewables (HOMER) software is employed for optimization. This work aims to reduce overpriced net present cost (NPC) and cost of energy (COE) at Havelock Island in India and lower the air pollution index by utilizing non-conventional energy sources. Havelock Island's average daily radiation is 5.30 kWh/m2/day. The HOMER simulates, optimizes, and does sensitivity analysis on the proposed model for thousands of combinations to find the best answer. We are employing diesel generators, solar panels, and battery storage to develop the optimal hybrid system possible for modeling reasons. This model yields the lowest NPC and COE. In this analysis, the sensitivity variables for simulation are diesel generators' run time and fuel cost. The diesel price of Rs. 77/L and the generator run periods of 720 min were used as sensitivity variables for the optimized model. For these values of sensitivity variables, the NPC and COE come out to be Rs. 1.82 B and Rs. 19.87/kWh, respectively. Using an optimal hybrid system instead of an existing diesel-only system at Havelock Island, the pollution will also be reduced by 83.21%.
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