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A systematic decision-making approach for the assessment of hybridrenewable energy applications with techno-economic optimization:Application to the Rajamangala University of Technology Srivijaya(Trang Campus), Southern Thailand |
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| รหัสดีโอไอ | |
| Creator | 1. Weerasak Chaichan 2. Jompob Waewsak 3. Yves Gagnon |
| Title | A systematic decision-making approach for the assessment of hybridrenewable energy applications with techno-economic optimization:Application to the Rajamangala University of Technology Srivijaya(Trang Campus), Southern Thailand |
| Publisher | Research and Development Office, Prince of Songkla University |
| Publication Year | 2564 |
| Journal Title | Songklanakarin Journal of Science an Technology (SJST) |
| Journal Vol. | 43 |
| Journal No. | 6 |
| Page no. | 1800-1806 |
| Keyword | hybrid renewable energy, optimization, net present cost, levelized cost of energy, energy storage |
| URL Website | https://rdo.psu.ac.th/sjst/index.php |
| ISSN | 0125-3395 |
| Abstract | This paper proposes a systematic decision-making approach for the assessment of hybrid renewable energyapplications with techno-economic optimization, with application to the Rajamangala University of Technology Srivijaya (TrangCampus) in southern Thailand. Using the hybrid optimization model for electric renewable (HOMER) Pro simulation tool, thetechno-economic aspects of a grid-connected combined solar photovoltaics, wind turbine generator, and energy storage (Li-Ionbattery), are optimized in order to minimize the net present cost (NPC) and the levelized cost of energy (LCOE). The modelinputs are NASA-Surface Meteorology and Solar Energy and Modern-Era Retrospective analysis for Research and Applicationsdatabases, and monthly power loads of the campus analyzed. The results are compared and optimized amongst fourcombinations. It is found that the optimal hybrid renewable energy power system offers the lowest NPC and the lowest LCOE tosatisfy the full load of the campus. |
