dc.description.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. | en_US |