| Abstract |
The building consumes almost 40% of the energy generated in the building. Investigating the photovoltaic system, wind, battery, and diesel generators for residential buildings can reduce energy utilization. In this work, various energy sources are combined to form hybrid energy sources, which are designed based on the load of the residential building. The Hybrid Optimization of Multiple Energy Resources tool optimizes various energy sources such as photovoltaic (PV), wind, diesel generator (DG), and battery. An investigation on the residential load in the smart city of Coimbatore, Tamil Nadu, India, is being carried out. This article examined the technological and economic feasibility of solar photovoltaic, wind, diesel generators, and batteries combined to form a hybrid energy source (HES). With 2 kW of photovoltaic, 1 kW wind, 1 kW of DG, 1 kW of the power converter, and five batteries, system case 1 (photovoltaic/wind/diesel generator/battery model) had the best results in the simulation and was recommended for use in the proposed residential building. As a result, it has a minimum net present value of $14,568 and an energy cost of $0.312/kWh, which is about 39% cheaper than system base cases. The sensitivity and environmental analysis are carried out to analyze the system’s feasibility. © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2024. |
