Optimal design and techno-economic analysis of hybrid renewable energy systems

Abstract

This study explores the techno-economic feasibility of, both off-grid and on-grid, hybrid renewable energy systems for remote rural electrification in Thala City, located in the highest region of Tunisia, using wind and biomass resources. Employing Hybrid Optimization of Multiple Energy Resources based on different scenarios includes grid-connected and stand-alone configurations with pumped storage hydropower and lead acid battery storage while minimizing the levelized cost of energy, the net present cost, and greenhouse gas emissions. The optimal configuration wind/biomass/pumped-hydro storage/Converter grid-connected, minimizes the levelized cost of energy (LCOE) and net present cost (NPC), resulting in a cost of 501,540 US$ and LCOE of 0.042 US$/kWh. Notably, 7% of electricity is generated from olive mill waste, 69% from wind turbines, and 24% is purchased from the grid. This hybrid system emits 342 tons/year of CO2, 76% less than a grid-alone system, contributing to an annual CO2 reduction of 1000 tons.