An Optimal Sizing Algorithm for a Hybrid Renewable Energy System

Abstract

This paper proposed an optimal sizing algorithm to obtain the capacity sizes of several components of the hybrid renewable energy system. The recommended algorithm takes into account the maximum power generated by the Hybrid components and the minimum cost of operation by considering the proposed energy storage systems. In this system, the techno-economic analysis of a hybrid renewable system will be accomplished. A case study is conducted to analyze a hybrid project for critical loads in Nigeria which is used to supply a district hospital with geographical coordinates of 12.0022° N, 8.5920° E  at an altitude of 472 m. Finally, the invariance nature of the battery storage system has also been verified.