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The Australian Government has targeted 20% of electricity generation from renewable energy sources by 2020.The 20% renewable energy target (RET) for Australia will be around 45000GWH in 2020. Renewable energy of Victoria also includes as part of support to achieve 20% RET in Australia. In Victoria wind and solar resources are abundant as compared to other sources of renewable energy. Solar radiation and wind speed data for Victoria State was collected from NASA surface meteorology and solar energy web site. A feasibility analysis has been carried out to explore the potentialities of wind and solar energy for Victoria State using hybrid optimization model of electric renewable (HOMER) software.This paper also represents the estimation analysis of RET for Victoria and describes the integrating challenges of renewable energy sources to the utility grid.

Abstract:In utility power system, electricity demand is being covered largely by fossil fueled power generation, which contributes high level of GHG (greenhouse gas) emission and causes global warming worldwide. In order to reduce GHG emission level, most of the countries in the world targeting towards green energy that is power generation from RE (renewable energy) sources. In this paper, it is considered to study prospects of RE sources in particular, solar and wind in Victoria State which are abundant as compared to other sources of renewable. The wind and solar energy feasibility study and sensitivity analysis has been done for Victoria with the aid of HOMER (hybrid optimization model of electric renewable) simulation software. From the study, it has clearly evicted that wind energy combinational HPS (hybrid power system) has more contribution, and high potential than solar PV (photovoltaic) systems for a particular location. This study also investigates the influences of energy storage in the proposed HPS.