Techno-Economic-Environmental Assessment of Stand-alone Hybrid Renewable Energy System for Different Batteries using HOMER-Pro

The whole world is now widely using green energy compared to fossil because of the depletion of fossil fuels, the rising temperature of the earth, and changing weather conditions, all these things are becoming a big threat to the life of the earth. This study proposed a stand-alone hybrid renewable energy system using different types of batteries. This model includes photovoltaic arrays, wind turbines, diesel generators, converters, and batteries. Lead-acid and lithium-ion batteries have been compared for the selection of optimal battery based on hybrid renewable energy system and sustainable development requirements. The purpose of this study is to find the optimal configuration, and techno-economic characteristics, using the hybrid optimization of multiple energy resources technique. The results of Lithium-ion and Lead Acid have been compared and it is found that the best configuration is photovoltaic arrays/wind turbines/ diesel generators /Battery/converter with lithium-ion Batteries. The net present cost and cost of energy are found to be 1.64M and 0.144$ respectively, for the selected study location. The carbon dioxide emission for configuration with LI batteries is 107314 kg/year as against the LA batteries which have 351288 kg/year. The results show LI batteries are technically as well as economically better than the LA batteries.