Economic Comparison of On/Off-Grid Hybrid PV-Wind-Diesel Power Generation

This study presents the solar, wind, battery, diesel generator, grid, and hybrid energy storage systems used by more than 40% of the rural population in the Satna district of Madhya Pradesh state, India. It still has trouble getting electricity. The system’s main power sources include on-grid and off-grid, as well as sporadic and variable resources for an ongoing power supply. The study region is located at longitude 80°53.9ʹ and latitude 24°32.0ʹ N. The ideal hybrid system size and cost are assessed by the HOMER programme. On average, 891.00 kWh per day, with wind speeds ranging from 3.91 to 3.55 m/s. This analysis projects the annual average solar radiation of the most practical system to be 4.96 kWh/m2/day. Peak load consumption is 102.58 kW, and hub height (m) is 38.00 (wind). The COE is $0.306 without grid energy costs and −$0.0469 with grid energy costs.