Techno-economic analysis of off-grid hybrid wind-photovoltaic-battery power system by analyzing different batteries for the industrial plant in Shiraz Industrial Town, Iran
Amin Jahed, Aria Abbaspour, Abolfazl Ahmadi
Abstract
The world has moved toward renewable energy resources for three major reasons: (1) to mitigate climate change arising from the excessive emission of greenhouse gases, (2) to protect health by lowering greenhouse gas emissions, and (3) to meet ever-increasing demands for energy. Shiraz is a major city in Iran and struggles with pollution challenges due to the presence of highly polluting industries. The increased energy demand and the lack of a demand–supply trade-off have led to frequent power outages in Shiraz in recent years. Batteries have been of great interest to researchers as they have a wide range of compounds and variety in the market and strongly influence the function and initial costs of hybrid energy systems. This study models a hybrid renewable energy system using four different batteries, that is, lead-acid, Li-ion, vanadium redox, and zinc-bromine batteries. These four scenarios were subjected to techno-economic analysis in HOMER. The system was assumed to generate 3000 kW of industrial power and 300 kWh of office/domestic power. It was demonstrated that the hybrid system with the lead-acid battery was the most optimal system to supply power to the case-study industrial plant for both industrial and domestic load, with a levelized cost of energy of 0.47 USD/kWh and an initial cost of 6.02 million USD. However, the hybrid system with the Li-ion battery will become more optimal than the system with the lead-acid battery if Li-ion batteries continue to become more affordable in < 5 years. This system would decrease CO 2 emissions by 1,060,133 kg every year as compared to the diesel system.