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Capacity Design and Cost Analysis of Converged Renewable Energy Resources by Considering Base Load Conditions in Residential and Industrial Areas

descriptionPublicationkeyboard_double_arrow_right Article , Journal , Other literature type 04 Nov 2020Publisher:MDPI AGJournal:Applied Sciences, volume 10, page 7,822 (eissn: 2076-3417,

Authors: Sang Hun Lee; Wonbin Lee; Jin Hee Hyun; Byeong Gwan Bhang; Jinho Choi; Hyung Keun Ahn;

doi: 10.3390/app10217822

Capacity Design and Cost Analysis of Converged Renewable Energy Resources by Considering Base Load Conditions in Residential and Industrial Areas

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Abstract

In this paper, a design technique for constructing a renewable-energy-based power system based on a customer’s power load is proposed. The proposed design technique adopts a second renewable energy power source in charge of the base load and is an improved method of the referenced studies with one type of renewable energy power source. In this proposed method, fuel cells are adopted as the base power source, and PV (photovoltaic) power generation and an ESS (energy storage system) are adopted as the power generation sources that supply the middle-load and peak-load power. When the fuel cell is applied as a base power source through the method designed in this study, a cost reduction of approximately 30.03% is expected, compared to a system that does not use a base power source. In addition, the criteria for securing a system’s power supply stability and the economics when fuel cells are adopted are analyzed in terms of the system’s installation cost.

Related Organizations

Konkuk University
Korea (Republic of)
Konkuk University
Korea (Republic of)

Keywords

Technology, QH301-705.5, T, Physics, QC1-999, base load powers, Engineering (General). Civil engineering (General), fuel cell, Chemistry, TA1-2040, Biology (General), capacity planning, QD1-999, PV and ESS, residential and industrial areas

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