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Techo-Economic Optimization of Hybrid Renewable Energy Resources for Electrical Power Generation: A Case Study Jibia General Hospital
Abstract
The gradual depletion of non-renewable energy sources accompanied by their social, economical and environmental issues has given rise to the adaptation of renewable energy systems. Despite the problems described above, many countries are taking a long time to deploy renewable energy because of the high capital costs and uncertainty. Therefore, this work considered an optimized techno- economic design of a standalone PV, Wind and Battery RES for power generation considering coordinate (13.0931◦N, 7.2248◦E) of Jibia Katsina state Nigeria, using Hybrid Optimization Model for Electric Renewables (HOMER) simulation software system. The simulation was carried out in three scenarios namely; PV and Battery, Wind and Battery, and PV, Wind and Battery. The Levelized Cost of Energy (LCOE) obtained from HOMER was found to be ₦44.14/kWhr, ₦29.63/kWhr and ₦29.48/kWhr respectively. The Loss of Power Supply Probability (LPSP) obtained from HOMER was found to be 0.0328%, 0.0021%, and 0.0137% respectively. The Excess Energy (ExE) produced from HOMER simulation was found to be 4,238kW, 7,710kW, and 3,523kW