Publication: Techno-economic assessment of a hybrid renewable energy storage system for rural community towards achieving sustainable development goals
Date
2023
Authors
Wali S.B.
Hannan M.A.
Ker P.J.
Rahman M.S.A.
Tiong S.K.
Begum R.A.
Mahlia T.M.I.
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier Ltd
Abstract
Urbanization and population growth are driving carbon emissions, along with the imperative for renewable energy transition, necessitating researching the impact of hybrid renewable energy storage systems towards achieving sustainable development goals. The article presents a techno-economic assessment of a stand-alone hybrid system in a grid-deficient rural community in a developing country, Bangladesh. The optimal system sizing includes an 8.67 kW of photovoltaic, 7 kWh lithium-ion battery, 6 kW of electrolyzer, 1.8 kW fuel cell, 5 kg of hydrogen tank and 1.67 kW converter, which can achieve a net present cost of $25,099 and levelized cost of energy of $0.34$/kWh. Results show hybrid system supports sustainable development goals by offering clean energy, emphasizing the need for government support, investment, and scaling in rural developing areas. � 2023 The Author(s)
Description
Keywords
Energy transition , Hybrid renewable energy storage system , Levelized cost of energy , Net present cost , Sustainable development goals , Techno-economic assessment , Developing countries , Energy storage , Fuel cells , Hybrid systems , Investments , Lithium-ion batteries , Population statistics , Renewable energy resources , Rural areas , Cost of energies , Energy transitions , Hybrid renewable energies , Hybrid renewable energy storage system , Levelized cost of energy , Levelized costs , Net present cost , Renewable energy storages , Storage systems , Sustainable development goal , Techno-economic assessment , Sustainable development