Feasibility Analysis of Solar Wind Hybrid System in Bangladesh

Abstract

The most important and promising sector to explore for new energy sources to fulfill the expanding demand for electricity globally, particularly in a developing country like Bangladesh, has been the use of renewable energy sources. Due to their accessibility and ease of conversion into electricity, wind, and solar energy are the most often used renewable resources. Future power systems that rely on renewable energy sources like solar and wind won't need to burn fossil fuels to generate electricity. In the thesis, the feasibility study of a hybrid energy system—which makes use of both solar and wind energy—is highlighted. Performance is then evaluated using simulation. This study's primary objective is to design freestanding solar-wind hybrid systems for urban and coastal settings (three distinct places in Bangladesh, including Keraniganj, Barisal, and Cox's Bazar) and to assess their performance. For system design and feasibility analysis, "HOMER" software was used. The HOMER application has been used to analyze the system's functionality. The program was used to measure the results of a number of performance evaluations, including feasibility, sensitivity, and economic comparisons using the Levelized Cost of Energy (LCOE), Net Present Cost (NPC), Capital Cost, and Operating Cost metrics. The off-grid solar-wind hybrid system model that has been suggested is the most feasible, affordable, and ecologically friendly choice for the Bangladeshi areas under consideration, according to the simulation findings. Six lights, one refrigerator, four ceiling fans, and one LED TV are just a few examples of the home appliances we utilize.