Assessment of a Hybrid Renewable Energy System Incorporating Wind, Solar, and Storage Technologies in Makkovik, Newfoundland and Labrador
Afreen Maliat, Siddhanth Kotian, Davoud Ghahremanlou
Abstract
This investigation addresses the critical challenge of devising robust and sustainable energy infrastructures by integrating renewable energy sources in Makkovik, Newfoundland, and Labrador. A hybrid renewable energy system (HRES) comprising wind turbines, photovoltaic (PV) solar panels, battery storage, and backup diesel generators was evaluated for its viability and efficiency. With the help of the HOMER Pro software, extensive modeling and optimization were conducted, aimed at reducing dependency on fossil fuels, cutting carbon emissions, and enhancing economic benefits via decreased operational costs. The results indicated that the energy demands of Makkovik could predominantly be met by the proposed system, utilizing renewable resources. Significant reductions in greenhouse gas emissions were observed, alongside improved cost-efficiency throughout the system's projected lifespan. Such outcomes demonstrate the system's capability to provide an environmentally friendly and technically viable solution, marking a substantial step towards energy resilience and sustainability for isolated communities. The integration of diverse renewable energy sources underlines the potential for substantial emission reductions and operational cost savings, highlighting the importance of innovative energy solutions in enhancing the sustainability and resilience of remote areas. This study contributes vital insights into optimizing energy systems for economic and environmental benefits, advancing the discourse on renewable energy utilization in isolated regions.