Levelized cost of energy and cash flow for a hybrid solar-wind-diesel microgrid on Rottnest island

Shahnia, F, Moghbel, M, Arefi, A, Shafiullah, G, Anda, M and Vahidnia, A 2017, 'Levelized cost of energy and cash flow for a hybrid solar-wind-diesel microgrid on Rottnest island', in Proceedings of the 2017 IEEE Australasian Universities Power Engineering Conference (AUPEC 2017), Melbourne, Australia, 19-22 November 2017, pp. 193-198.


Document type: Conference Paper
Collection: Conference Papers

Title Levelized cost of energy and cash flow for a hybrid solar-wind-diesel microgrid on Rottnest island
Author(s) Shahnia, F
Moghbel, M
Arefi, A
Shafiullah, G
Anda, M
Vahidnia, A
Year 2017
Conference name AUPEC 2017: Smart Power Grid in the 21st Century
Conference location Melbourne, Australia
Conference dates 19-22 November 2017
Proceedings title Proceedings of the 2017 IEEE Australasian Universities Power Engineering Conference (AUPEC 2017)
Publisher IEEE
Place of publication United States
Start page 193
End page 198
Total pages 6
Abstract This paper focuses on the selection of an appropriate standalone electricity supply system for a small island of Western Australia, Australia. To reduce the cost of electricity generation and to determine the most economically feasible solution for this island, several configurations are considered. The considered systems vary from a fully diesel generator-based option towards a hybrid system composed of diesel generators, wind turbines, solar farm and battery energy storage. Each system is analyzed by HOMER software and using the real demand data of the island, as well as the prices of different electrical components in the Australian market. The system which yields the minimum lev-elized cost of energy over the project's lifespan and the minimum net present cost is identified and suggested as the most economic option.
Subjects Renewable Power and Energy Systems Engineering (excl. Solar Cells)
Power and Energy Systems Engineering (excl. Renewable Power)
Keyword(s) Standalone power supply system
Microgrid
Is-land
Levelized cost of energy
Net present cost
DOI - identifier 10.1109/AUPEC.2017.8282413
Copyright notice © IEEE 2017
ISBN 9781538626481
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