Presently, more than 40% of the total population do not have access to electricity. The Government of Bangladesh has issued its Vision and Policy Statement in February 2008, to bring the entire country under electricity service by the year 2020. Simulation result of sensitivity analysis has showed that 20% reduction of installation cost results in nearly 9%–12% This study to determine the effect of capital cost variation or renewable resources Sensitivity analysis has been performed in
Grid tied RES results in more than 60% reduction in greenhouse gases emissionĬompared to the conventional grid. RES, is economically comparable to present grid electricity price. Solar-wind hybrid system, where more than 70% electricity contribution is from Hybrid system is feasible and economically comparable to the present cost ofĭiesel based power plant if 8% annual capacity shortage is allowed. System configurations have been determined based on systems net present cost In standalone as well as grid connected mode have been considered. The load data has been collectedįrom the motels situated in the coastal areas of Patenga, Chittagong. The size optimization and economic evaluation of the solar-wind hybrid renewableĮnergy system (RES) to meet the electricity demand of 276 kWh/day withĤ0 kW peak load have been determined in this study.
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