Abstract:This paper proposes a systematic approach to examine the techno-economical impact of a renewable based prosumer centric hybrid energy system (HES) connected to the local distribution grid. Systematic approach includes deterministic and probabilistic framework for optimal planning, scheduling, management, and assessment of HES. During the initiation stage, major components of the HES are identified as solar, Li-ion batteries and biomass to enable cross-sectoral participation whereas electric vehicle (EV) chargi… Show more
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