Open AccessTechno-economic analysis by homer-pro approach of solar on-grid system for Fatehpur-Village, India
Author(s) -
Sarang Kapoor,
A. K. Sharma
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/2070/1/012146
Subject(s) - cost of electricity by source , renewable energy , environmental economics , grid , grid parity , electricity generation , computer science , distributed generation , environmental science , business , power (physics) , engineering , economics , electrical engineering , geography , physics , geodesy , quantum mechanics
There are numerous locations available in rural regions of India, where essential electrical energy for load demand is not feasible. Individuals of those particular areas are facing problems, related to their social and economic development. To eliminate the energy crisis, uses of renewable sources are increasing day by day. In this study, we are analysis an On-grid solar energy harvesting system, which will provide necessary power requirement for the whole community of Fatehpur village located at 27°59′15″N and 77°44′07″E, to fulfil energy demand of the community load without much affecting environment. Here, the economic analysis using Homer-pro programme version 3.14.4, are examined, with Homer pro cycle charging as dispatch strategy. Load calculation and components pricing details are concluded through a local survey. Homer pro provides optimized results for selected site, through total present cost (NPC), the least cost of energy (LCOE) and operating cost etc. Based on simulation results by Homer pro, we obtained 1.77 RS/kWh as levelized cost of energy, which is much less than grid power price i.e. 5.6 Rs/kWh and 9,291,770.00 Rs as NPC. Main criteria of this software-package are NPC and LCOE to find out the best possible outcomes for the suited site.