Techno-economic analysis of hybrid power systems for a residential building in Zabol, Iran

This article investigates the possibility of providing electricity from hybrid systems for residential building in Zabol city, Iran. Considering the building's location and climatic condition, the cooling and heating load of building has been calculated by employing Carrier software. All the necessary modeling, simulation, and techno-economic evaluation are carried out using the assessment software package HOMER (Hybrid Optimization Model for Electric Renewable). Thousands of cases have been conducted to gain an optimal independent system configuration, in terms of system net present cost (NPC) and cost of energy (COE). The obtained results indicate that the most economic hybrid power system is a diesel-wind turbine with battery storage with COE of 0.225 US$/kWh and NPC of US$888,500 for supplying the residential building's electrical energy demand.

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