Performance and reliability analysis of grid-connected marine current turbine system using Monte Carlo estimation method

The maximum utilization of non-renewable sources can be achieved by the integration of fringe energy sources. It is only possible if the exploitation of natural resources can be expanded with the help of advanced technology. To successfully establish an unpredictable energy conversion system rigorous statistical analysis is mandatory in order to maximize the energy independence. Ocean Wave Energy is one of the least explored clean energy sources which can not only support the existing centralized grid with its enormous potential but also run localized coastal regions in islanded mode. However, this potential can be efficiently utilized by extrapolating the advanced technology available for Wind Energy Conversion System. In this paper we have taken care of the existing uncertainty of the marine current speed by using the Monte Carlo Estimation Method. Speed of the ocean current for future have been predicted from historical data and subsequently it depicted the unique variation of speed over a certain time period. To realize the power generation capability and reliability analysis of the Marine Current Turbine system a simulation has been performed using MATLAB/Simulink. Moreover, utility power supply is added to maintain the uninterrupted power supply using the predicted data of ocean current.