Homer Optimized Off-Grid Energy System: A Case Study On Dhaka South City Corporation City Nagar Bhaban

Abstract

Modernization and population growth are the two significant causes impacting in the contribution of carbon emission and global warming. The globe is shifting to renewable energy in order to reduce its reliance on traditional energy sources that are based on fossil fuels and protect the environment. The fundamental goal in this study is to perform feasibility analysis of a sustainable renewable energy system that can provide the required demand for power in a case study for a commercial building in Bangladesh. It is therefore crucial to choose the most reasonably priced hybrid system that can reduce energy costs and provide access to the required electrical energy. This investigation is conducted using HOMER Pro (Hybrid Optimization Model for Electric Renewable) Software to find the best outcome for a given scenario. The NASA Renewable Energy resource database, which has been imported into HOMER Pro, provided the solar and wind energy data for the simulation. Utilizing a variety of optimization and sensitivity analysis approaches, the combined solar, generator, and battery system displayed as the ideal system with $ 0.1086 as the levelized cost of energy (COE) per kWh, and $ 45,16,963 is the net present cost (NPC), with an operating cost of $95,387.58$ per year.