Techno-Economic Analysis of Solar, Wind, and Biomass Hybrid Renewable Energy Systems to Meet Electricity Demand of a Small Village in Bihar State of India

This study examines the potential use of Hybrid Renewable Energy Systems (consisting of photovoltaic, wind, bio, and diesel sources) both with and without the inclusion of battery storage in the eastern region of India. An evaluation is conducted to determine the economic viability of several system configurations, and the most efficient system is selected using HOMER software. The investigation focused on six distinct scenarios to meet the energy needs of a village community. The goal was to satisfy a daily load need of 1093.7 kWh, with a peak demand of 153.63 kW. The study examined many factors, such as system efficiency, financial viability, and ecological consequences. The primary aim of the research was to compare the power costs associated with different designs of HRES. Detailed techno-commercial assessments were carried out to examine the energy production, consumption, and financial impacts of each scenario. This research provides valuable insights for individuals and organizations seeking reliable and long-lasting energy solutions by analyzing the potential benefits and drawbacks of implementing HRES in rural areas. An evaluation is conducted to determine the energy contribution of each element within an RES, as well as the influence of HRES on energy expenses and net present value. The findings of this study reveal that the optimized hybrid system comprises 133 kW photovoltaic arrays, a 130-kW wind turbine, a 0.2 kW biogas generator, a 100-kW diesel generator, a 540-kWh battery bank with nominal capacity, and a 58-kW converter. This system has a minimum COE of 0.347$/kWh and NPC of $1.71M. The research offers useful insights for designers, scholars, and policymakers on the existing design constraints and policies of biomass-based hybrid systems.