Numerical investigation to assess the techno-economic feasibility of solar central receiver system for off-grid power in Saint Martin's Island, Bangladesh

Hossain, Md. Sakib; Shajid, Soad; Karim, Md. Rezwanul

doi:10.1016/j.esd.2021.09.008

Cited by 12 publications

(3 citation statements)

References 25 publications

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“…The technical and economic feasibility of a solar-powered central receiver system was analyzed in [25] using SolarPILOT and system advisor model software. They wished to provide a reliable and affordable source of energy to the St. Martin's island where the cost of energy (COE) is significantly less than the current rate.…”

Section: Literature Reviewmentioning

confidence: 99%

A Short Assessment of Renewable Energy for Optimal Sizing of 100% Renewable Energy Based Microgrids in Remote Islands of Developing Countries: A Case Study in Bangladesh

et al. 2022

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This study explores Bangladesh’s present energy condition, renewable energy (RE) possibilities and designs an optimal 100% RE-based off-grid power system for St. Martin’s Island, Bangladesh. The optimal size of a hybrid renewable microgrid based on photovoltaic (PV) cells, a battery energy storage system (BESS), fuel cells (FC), and an electrolysis plant (EP) is proposed. Advanced direct load control (ADLC) and rooftop PV meet the energy demand at the lowest cost, and profits are maximized by selling chemical products produced by seawater electrolysis. Four cases are explored with the mixed-integer linear programming (MILP) optimization technique using MATLAB® software to demonstrate the efficacy of the suggested power system. The system cost in case 1 is lower than in the other cases, but there is no chance of profiting. Cases 2, 3, and 4 have greater installation costs, which may be repaid in 8.17, 7.72, and 8.01 years, respectively, by the profits. Though the revenue in case 3 is 6.23% higher than in case 2 and and 3.85% higher than in case 4, case 4 is considered the most reliable power system, as it can meet the energy demand at the lowest cost while increasing profits and not putting a burden on customers.

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Section: Literature Reviewmentioning

confidence: 99%

A Short Assessment of Renewable Energy for Optimal Sizing of 100% Renewable Energy Based Microgrids in Remote Islands of Developing Countries: A Case Study in Bangladesh

et al. 2022

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“…In the literature, it is possible to find studies that approach the applicability and efficiency of the CSP [2][3][4][5][6][7]. From these works can be observed that, in South America, despite its significant potential, the first solar thermal plant in Latin America was put into operation in 2021.…”

Section: Introductionmentioning

confidence: 99%

Technical-economic feasibility analysis of a large-scale parabolic trough collectors solar power plant in Brazil

M. E. Lopes,

G.F. Azevedo,

B.A. Menezes

et al. 2024

RE&PQJ

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This study aims to present the results of the application of a computational tool developed to perform a technical-economic feasibility analysis of large-scale Parabolic Trough Collectors (PTC) solar power plants in Brazil. The gross revenue from cash flow is obtained through an energy trading model for the Regulated Contracting Environment of the Brazilian Electricity Market. The economic viability analysis uses the Net Present Value, Modified Internal Rate of Return, Discounted Payback, and Levelized Cost of Energy indicators. The parametric structural optimization method is used to optimize the technical parameters of the plant. A case study was conducted to analyse the feasibility of implementing a 100 MW PTC in the five regions of Brazil. The results indicated that the best region in Brazil to receive this technology is the northeastern region. However, the project is economically unfeasible in all cities analysed. Therefore, a sensitivity analysis of the main parameters that affect the project's net present value is carried out to evaluate the impact of the economic parameters on the economic viability of an optimized PTC plant located in the city with the best technical performance. An optimistic scenario was evaluated considering the system's response to the parameters investigated in the sensitivity analysis. For this scenario, the results pointed to the project's economic viability.

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“…Similarly, Esan et al (2019) have investigated of PV/BES/DG stand-alone MG Tsiaras et al (2020) have developed an optimization procedure to minimize COE for different Greek residential areas supplied with electricity by PV/WTs/BES stand-alone hybrid system. Hossain et al (2021) have investigated the feasibility of solar powered central receiver system to supply affordable and sustainable electricity for distant Bangladeshi area. El Zein and Gebresenbet (2021) have used Insight Maker and HOMER software to optimize the mobile stand-alone hybrid system used to electrify an industrial plant, and the authors tested different RESs like biogas, ethanol in addition to solar and battery.…”

Section: Introductionmentioning

confidence: 99%

Investigation of the feasibility of microgrid under three operational configurations using whale optimization algorithm

Touma

Mansor

Rahman

et al. 2023

IJESM

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Purpose This study aims to investigate the feasibility of proposed microgrid (MG) that comprises photovoltaic, wind turbines, battery energy storage and diesel generator to supply a residential building in Grindelwald which is chosen as the test location. Design/methodology/approach Three operational configurations were used to run the proposed MG. In the first configuration, the electric energy can be vended and procured utterly between the main-grid and MG. In the second configuration, the energy trade was performed within 15 kWh as the maximum allowable limit of energy to purchase and sell. In the third configuration, the system performance in the stand-alone operation mode was investigated. A whale optimization technique is used to determine the optimal size of MG in all proposed configurations. The cost of energy (COE) and other measures are used to evaluate the system performance. Findings The obtained results revealed that the first configuration is the most beneficial with COE of 0.253$/KWh and reliable 100%. Furthermore, the whale optimization algorithm is sufficiently feasible as compared to other techniques to apply in the applications of MG. Originality/value The value of the proposed research is to investigate to what extend the integration between MG and main-grid is beneficial economically and technically. As opposed to previous research studies that have focused predominantly only on the optimal size of MG.

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Numerical investigation to assess the techno-economic feasibility of solar central receiver system for off-grid power in Saint Martin's Island, Bangladesh

Cited by 12 publications

References 25 publications

A Short Assessment of Renewable Energy for Optimal Sizing of 100% Renewable Energy Based Microgrids in Remote Islands of Developing Countries: A Case Study in Bangladesh

A Short Assessment of Renewable Energy for Optimal Sizing of 100% Renewable Energy Based Microgrids in Remote Islands of Developing Countries: A Case Study in Bangladesh

Technical-economic feasibility analysis of a large-scale parabolic trough collectors solar power plant in Brazil

Investigation of the feasibility of microgrid under three operational configurations using whale optimization algorithm

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