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Estimation and Cost Effective Analysis of Hybrid-Wind/PV Generation for Rural/Remote Electrification

Due to ever increasing energy consumption, rising public awareness of environmental protection, renewable distributed generation (DG) systems have attracted increased interest. But the intermittent nature of renewable DGs lead to think about the combination of sources called Hybrid Systems. Hybrid systems are characterized by containing two or more technologies of electrical generation, in order to optimize global efficiency of the processes. Wind and photovoltaic (PV) power generation are two of the most promising renewable energy technologies as duo are complimentary to each other and hence able to provide good and constant supply to meet the rise in demand. The vision of this paper is to show the cost effective analysis if a transition from conventional to hybrid wind/solar power supply of households and commercial buildings. Case studies of both residential as well as commercial buildings were carried out. The combined system is as a standalone system for the residential/commercial buildings which does not depend on national grid supply to meet the load. This is very essential for remote and rural areas. A methodology to show the estimation of only PV and hybrid PV/wind, their cost analysis, payback period and profit is also presented.