A simulation study on the economic aspects of hybrid energy systems for remote islands in Thailand

Author

Fung, Chun Che ; Rattanongphisat, Waraporn ; Nayar, Chem

Author_Institution

Sch. of Electr. & Comput. Eng., Curtin Univ. of Technol., Perth, WA, Australia

Volume

3

fYear

2002

fDate

28-31 Oct. 2002

Firstpage

1966

Abstract

This paper reports an investigation on the economic aspects of a typical hybrid energy system for remote islands in Thailand. In addition to the utilization of renewable energy, the study has based on different electrical load profiles simulating typical usage within a year. The simulation study and the optimization of hybrid energy system are based on a computer program called HOMER, as the simulation tool. From the economic analysis, the capital cost, net present cost and cost of energy are determined for different types or system configuration. Results from the study will be useful to aid business and investment decisions on choosing the most appropriate system for the island resorts.

Keywords

diesel-electric generators; hybrid power systems; invertors; power generation economics; power system simulation; secondary cells; wind turbines; HOMER simulation software; Thailand; capital cost; economic analysis; economic aspects; electrical load profiles; energy cost; hybrid energy systems; investment decisions; net present cost; remote islands; renewable energy; wind/diesel/battery/inverter system; Batteries; Computational modeling; Costs; Environmental economics; Fuel economy; Hybrid power systems; Inverters; Power generation economics; Renewable energy resources; Wind energy generation;

fLanguage

English

Publisher

ieee

Conference_Titel

TENCON '02. Proceedings. 2002 IEEE Region 10 Conference on Computers, Communications, Control and Power Engineering

Print_ISBN

0-7803-7490-8

Type

conf

DOI

10.1109/TENCON.2002.1182724

Filename

1182724