FEASIBILITY ANALYSIS OF A STANDALONE HYBRID RENEWABLE ENERGY SYSTEM WITH SOLAR, WIND, AND HYDRO COMPONENTS (KEY IJP************088)

• Samta,Vivek Kumar

Abstract

This research paper explores the feasibility of a standalone hybrid renewable energy system (HRES) that integrates solar, wind, hydro, generator, and battery storage components. The aim is to evaluate the technical and economic viability of such a system in providing a reliable and sustainable energy supply, particularly in remote or off-grid locations. The study begins with a comprehensive background on renewable energy sources and their potential for integration into hybrid systems. It then delves into the optimal sizing and cost assessment of the HRES, considering the specific characteristics and complementarities of the included energy sources. The analysis includes resource assessment, system configuration, and economic evaluation to determine the most cost-effective and efficient design. The findings highlight the benefits and challenges of implementing a hybrid renewable energy system, offering insights into its practical application and potential for enhancing energy security and sustainability.