Modeling design of the hybrid energy resources considering technical and economic indices

This study is dedicated to exploring the optimal sizing and strategic placement of hybrid energy systems specifically tailored for the electronics laboratory at Manipur International University in India. The primary objective is to effectively integrate photovoltaic systems alongside energy storage solutions, ensuring that both economic and technical goals are met. These goals encompass minimizing the total net present cost, reducing the levelized cost of electricity, and decreasing the probability of power supply loss, which are critical factors in the design and implementation of sustainable energy systems. To achieve these objectives, the design and sizing of the hybrid energy systems will be meticulously optimized. The study will consider various configurations, including combinations of photovoltaic-battery systems and photovoltaic-fuel cell setups. Each configuration will be evaluated for its efficiency and effectiveness in meeting the energy demands of the laboratory while adhering to the established economic and technical criteria. A key component of this research is the development of an energy management strategy grounded in energy balance principles. This strategy will guide the operation of the hybrid systems, ensuring that energy generation and consumption are harmonized to maximize efficiency and reliability. By implementing this strategy, the study aims to create a robust framework for managing energy resources effectively. To validate the proposed configurations and strategies, three practical case studies will be conducted. These case studies will utilize metaheuristic optimization techniques, which are advanced computational methods designed to solve complex optimization problems. Through numerical simulations, the study will identify the ideal sizing and configuration of hybrid energy sources, providing valuable insights into the practical application of these systems in the context of the laboratory.