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Economic and Environmental Multiobjective Optimization of a Hybrid Power Generation System using Solar and Wind Energy Source

Author

Listed:
  • Jhan Piero Rojas

    (Department of Civil Engineering, Faculta of Engineering, Universidad Francisco de Paula Santander, C cuta, Norte de Santander, Colombia,)

  • Gonzalo Romero Garc a

    (Department of Mechanical Engineering, Faculty of Engineering, Universidad Francisco de Paula Santander, C cuta, Norte de Santander, Colombia,)

  • Dora Villada Castillo

    (Department of Environmental Sciences, Universidad Francisco de Paula Santander, C cuta, Norte de Santander, Colombia.)

Abstract

This article presents a comparison of energy generation using two methods of power production for different geographical locations. For this comparison, the HOMER software was used, which allows simulating generation systems with different energy sources. For the development of these simulations it was necessary to collect three parameters in the locations to be analyzed, which were wind speed, solar radiation and temperature. The photovoltaic array system was simulated using from 10 to 200 units with a constant value of one wind turbine, while for the wind turbine system, 1 to 9 units were used together with a constant value of 100 photovoltaic arrays. For the photovoltaic system, there is no major difference in the net project cost, the renewable fraction and the annual carbon dioxide production when using a greater number of arrays, but an increase in energy production is observed, a greater effect is obtained by changing the location of the system, analyzing the wind system a greater number of turbines increases the energy production, but also increase the annual carbon dioxide production and project cost, there is no significant difference between locations for the project cost the other parameters are affected. By using an optimization algorithm in the systems, the best performance was obtained in Puerto Bolivar using 105 photovoltaic arrays of 1kW and 3 wind turbines of 1.5 MW.

Suggested Citation

  • Jhan Piero Rojas & Gonzalo Romero Garc a & Dora Villada Castillo, 2022. "Economic and Environmental Multiobjective Optimization of a Hybrid Power Generation System using Solar and Wind Energy Source," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 494-499.
    • Handle: RePEc:eco:journ2:2022-01-61
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    References listed on IDEAS

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    Cited by:

    1. Waleed Kalf Al-Zoubi, 2024. "How Sustainable is Environmental Economics? A Review of Research Trends and Implications," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 319-334, March.
    2. Asmita Ajay Rathod & Balaji Subramanian, 2022. "Scrutiny of Hybrid Renewable Energy Systems for Control, Power Management, Optimization and Sizing: Challenges and Future Possibilities," Sustainability, MDPI, vol. 14(24), pages 1-35, December.

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    More about this item

    Keywords

    Renewable Energies; Solar Energy; Wind Energy; Hybrid Energy System; Multiobjective Optimization;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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