Techno-economic simulation assessment on on-grid solar photovoltaic and wind power system in alpha world city environments

• Main Author: A. M. Marbrur Ahmad Rashedi
• Other Authors: Zhong Zhaowei
• Format: Theses and Dissertations
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Mechanical engineering::Alternative, renewable energy sources
• Online Access: http://hdl.handle.net/10356/42239
• Institution: Nanyang Technological University

The world today is continuously striving towards carbon nuclear clean energy technology. Hence, renewables like solar photovoltaic and wind power system are increasingly attracting the attention of mankind. The present study introduces two ongrid renewable electricity models in 10 alpha world cities. One is a roof-top solar PV system with 37 kW, 200 mono-crystalline modules. Another one is a 50 MW wind farm consisting of 25 wind turbines, each with 2 MW rated power and 90m rotor diameter. The study first explores the month-wise and annual electricity generation potentiality of the alpha cities based on Retscreen database. Then it performs an in-depth cost analysis on both the system. Reduction in green house gas emission has been quantified, as well, with reference to three conventional fossil fuel plants, viz. coal, natural gas and diesel oil based on proposed MATLAB simulation runs. In addition, a techno-economic simulation study has been pursued based on several economic feasibility indicators viz., net present value (NPV), annual life cycle savings (ALCS), and the benefit-cost (B-C) ratio. In all the stages both the systems have been assessed with both Retscreen clean energy project analysis software and the proposed MATLAB simulation platform. At the end, the study compares the solar and wind power potentiality in each alpha city and presents the project feasibility findings for both the technologies. The findings from the study can be deployed as the basis of harnessing massive scale solar PV and wind power energy from all similar climatic locations of the planet earth.