Optimal design and techno-economic analysis of a hybrid solar-wind power generation system

Abstract

Solar energy and wind energy are the two most viable renewable energy resources in the world. Good compensation characters are usually found between solar energy and wind energy. This paper recommend an optimal design model for designing hybrid solar-wind systems employing battery banks for calculating the system optimum configurations and ensuring that the annualized cost of the systems is minimized while satisfying the custom required loss of power supply probability (LPSP). The five decision variables included in the optimization process are the PV module number, PV module slope angle, wind turbine number, wind turbine installation height and battery capacity. The proposed method has been applied to design a hybrid system to supply power for a telecommunication relay station along south-east coast of China. The research and project monitoring results of the hybrid project were reported, good complementary characteristics between the solar and wind energy were found, and the hybrid system turned out to be able to perform very well as expected throughout the year with the battery over-discharge situations seldom occurred.