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Title: TECHNO-ECONOMIC OPTIMIZATION OF HYBRID ELECTRICITY GENERATION SYSTEMS FOR OFF-GRID ISLANDS
TECHNO-ECONOMIC OPTIMIZATION OF HYBRID ELECTRICITY GENERATION SYSTEMS FOR OFF-GRID ISLANDS

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Vassilis Dedoussis
10.5593/sgem2022V/4.2/s17.76
10.5593/sgem2022V/4.2
1314-2704
978-619-7603-50-7
English
22
4.2
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Renewable Energy Sources & Clean Technologies
The purpose of this research work is to provide an integrated techno-economic analysis and an optimal design of hybrid electricity power supply systems that incorporate autonomy and power supply stability with minimum cost. Three isolated Islands, namely, Lesvos, Karpathos and Astypalea, in the Aegean Sea, Greece, have been identified as the appropriate sites for the performance assessment of the off-grid hybrid power systems, due to the abundant renewable energy potential in the Islands, in conjunction with the rising fuel (diesel) prices under the influence of the current economic crisis. The relevant economic indices of the hybrid power systems have been optimized employing the Hybrid Optimization Model for Electric Renewable (HOMER) Simulation Software. Calculated results showed that hybrid wind/PV/diesel/battery power systems are competitive in terms of cost with diesel-only based power generation systems; the Levelized Cost of Energy (LCOE) values are estimated at 0.153 €/kWh for the Lesvos Island, 0.161 €/kWh for the Karpathos Island, and 0.191 €/kWh for the Astypalea Island.
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This work has been partially funded by the University of Piraeus Research Center.
conference
https://doi.org/10.5593/sgem2022V/4.2/s17.76
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Proceedings of 22nd International Multidisciplinary Scientific GeoConference SGEM 2022
22nd International Multidisciplinary Scientific GeoConference SGEM 2022, 06-08 December, 2022
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Turkish Acad Sci.
609-616
06-08 December, 2022
website
8892
Off-grid Islands, hybrid electricity power supply system, optimal design, LCOE, NPC