Business Viability of off Grid Hybrid Biomass model over on Grid Solar Generation for RE in Developing countries
Journal Title: International Journal of Engineering Sciences & Research Technology - Year 30, Vol 3, Issue 9
Abstract
This paper outline the business viability of Distributed or Stand-alone hybrid power system consisting of Biomass and Diesel versus Traditional Top down grid connected solar power generation. The environment considered in this paper is for RE. It emphasizes and recommends the use of localized renewable hybrid power generation system in order to ascertain a reliable and self sufficient system. The localized renewable system also positively influences the macro economic conditions of area by way of optimization of the components size and the capital investment. The main power source of the energy system is considered as biomass generator and suitable supported by Diesel Generators. The NREL HOMER package is used for optimization realization. The Business viability of Stand-alone hybrid power system consisting of Biomass and Diesel versus Traditional Top down grid connected solar power is done on the basis of Net per unit revenue collected post factoring Transmission, distribution, billing and collection inefficiencies.
Authors and Affiliations
Lov Kumar Mishra *
Keywords
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