Track: Energy

Abstract

The problem that influences the world on energy is climate change and until we increase our alternative sources the world will continue to face the energy issue. Besides, greenhouse gas emission is a main issue which is related with current energy access. Another global energy issue is hundreds of millions of people lack access to sufficient energy. In addition, depletion of natural resources become other crucial issue due to global energy consumption is growing in tandem with population growth, energy dependent patterns of usage composed with technological advancements. This study aims to focus on alternative power generation from renewable and hybrid sources in techno economic as a countermeasure for current energy sources issue in isolated communities which remote from the existing electricity transmission and distribution infrastructure. HOMER Pro software and RETScreen software are used to analyze best optimization of hybrid renewable energy system and check financial viability. A comparative analysis is done for 4 cases of energy: solar PV, wind, hydropower, and biogas to obtain estimation of Net Present Cost (NPC), Levelized Cost of Energy (LCOE) and renewable fraction. His work also determines IRR, simple payback and energy production costs.