Economic Cost Analysis of Stand-alone hybrid Microgrids with minimum COE using HOMER

  • Mousa Marzband Catalonia Institute for Energy Research (IREC)
  • Reza Khaneh Zarrin Department of Electrical Engineering Islamic Azad University, Sirjan branch
  • Andreas Sumper
  • Alfred Baghramian

Abstract

Noting the finiteness of fossil energies and also the existing multiple obstacles in the development and construction of concentrated production resources and creation of transfer lines, using Microgrid (MG) is increasing rapidly in the world. This paper deals with the optimal cost analysis of the proposed MG system for islanded operation using Hybrid Optimization Model for Electric Renewable (HOMER) software with the ultimate goal to minimize Cost of Energy (COE). The done analysis is presented to optimize MG based on the Total Net Present Cost (TNPC), Levelized Cost of Energy (LCOE) and operating cost. Simulations results are carried out with the proposed system using real life experimental data, to test the performance and accuracy of the system. Overall results obtained demonstrate the effectiveness of the proposed method, covering of total consumption power as well as to reduce COE.

Author Biographies

Mousa Marzband, Catalonia Institute for Energy Research (IREC)
PhD student, Universitat Politecnica de Catalunya (UPC), Departament d'Enginyeria Electrònica
Reza Khaneh Zarrin, Department of Electrical Engineering Islamic Azad University, Sirjan branch
Andreas Sumper
Alfred Baghramian

References

[1] M. El-Sharkh, A. Rahman, M. Alam, Short term scheduling of multiple grid-parallel PEM fuel cells for microgrid applications, International Journal of Hydrogen Energy, 35 (20) (2010) 11099 11106.

[2] X. Guan, Z. Xu, Q. Jia, Energy-eficient buildings facilitated by microgrid, IEEE Transactions on Smart Grid, 1 (3) (2010) 243252.

[3] S. A. Pourmousavi, M. H. Nehrir, C. M. Colson, C. Wang, Real-time energy management of a stand-alone hybrid wind microturbine energy system using particle swarm optimization, IEEE Transactions on Sustainable Energy, 1 (3) (2010) 193 201.

[4] C. Bustos, D. Watts, H. Ren,Microgrid operation and design optimization with synthetic wins and solar resources, IEEE Latin America Transactions, 10 (2) (2012) 1550 1562.

[5] T. Niknam, H. Meymand, H. Mojarrad, A practical multi-objective PSO algorithm for optimal operation management of distribution network with regard to fuel cell power plants, Renewable Energy, 36 (2011) 1529 1544.

[6] T. Niknam, H. Meymand, H. Mojarrad, An eficient algorithm for multiobjective optimal operation management of distribution network considering fuel cell power plants, Energy, 36 (1) (2011) 119 132.

[7] S. Obara, S. Watanabe, B. Rengarajan, Operation method study based on the energy balance of an independent microgrid using solar-powered water electrolyzer and an electric heat pump, Energy, 36 (8) (2011) 5200-5213.

[8] D. Olivares, C. Canizares, M. Kazerani, A centralized optimal energy management system for microgrids, in: IEEE Power and Energy Society General Meeting, 2011, pp. 1 6.

[9] T. Niknam, H. Z. Meymand, M. Nayeripour, A practical algorithm for optimal operation management of distribution network including fuel cell power plants, Renewable Energy, 35 (8) (2010) 1696 1714.

[10] H. Morais, P. K´ad´ar, P. Faria, Z. A. Vale, H. M. Khodr, Optimal scheduling of a renewable microgrid in an isolated load area using mixed integer linear programming, Renewable Energy, 35 (2010) 151156.

[11] A. Azmy, I. Erlich, Online optimal management of PEM fuel cells using neural networks, in: IEEE Power Engineering Society General Meeting, Vol. 2, 2005, p. 1337.

[12] K. Agbossou, M. Kolhe, J. Hamelin, T. K. Bose, Performance of a standalone renewable energy system based on energy storage as hydrogen, IEEE Transactions on Energy Conversion, 19 (3) (2004) 633 640.

[13] E. R. Sanseverino, M. L. D. Silvestrea, M. G. Ippolitoa, A. D. Paolab, G. L. Reb, An execution, monitoring and replanning approach for optimal energy management in microgrids, Energy, 36 (2011) 3429 3436.

[14] I. Maity, S. Rao, Simulation and pricing mechanism analysis of a solar powered electrical microgrid, IEEE Systems Journal, 4 (3) (2010) 275-284.

[15] M. Muselli, G. Notton, P. Poggi, A. Louche, PV-hybrid power systems sizing incorporating battery storage: an analysis via simulation calculations, Renewable Energy 20 (1) (2000) 1 7.

[16] G. Seeling-Hochmuth, Optimisation of hybrid energy systems sizing and operation control, Ph.D. thesis, University of Kassel (1998).

[17] F. D´az-Gonz´alez, A. Sumper, O. Gomis-Bellmunt, R. Robles, A review of energy storage technologies for wind power applications, Renewable and Sustainable Energy Reviews, 16 (4) (2012) 2154 2171.
Published
2013-03-31
How to Cite
Marzband, M., Khaneh Zarrin, R., Sumper, A., & Baghramian, A. (2013). Economic Cost Analysis of Stand-alone hybrid Microgrids with minimum COE using HOMER. Majlesi Journal of Energy Management, 2(1). Retrieved from http://journals.iaumajlesi.ac.ir/em/index/index.php/em/article/view/60
Section
Articles