Abstract:
The study of reliability and economic assessment of hybrid photovoltaic (PV)/wind
system with battery storage at Universiti Malaysia Terengganu (UMT) renewable
energy station is presented in this paper. The study aims at finding the configuration,
among a set of systems components, to achived the desired system reliability
requirements, with the value of levelized cost of energy. It is describes a study for
analyzing the probability of power supply failure in hybrid photovoltaic/wind power
system incorporating a storage battery bank, and also analyzes the reliability of the
systems. An analysis of the complementary characteristics of solar irradiance and
wind power for Universiti Malaysia Terengganu (UMT) renewable energy station is
also presented. For the loss of power supply probability (LPSP) analysis, the
calculation objective functions and restraints are set up for the design of hybrid
systems and to assess their reliability. Applying this method to hybrid
photovoltaic/wind system with battery storage in Universiti Malaysia Terengganu
(umt) renewable energy station, the results show that the configurations systems did
not meet the desired system reliability requirements (LPSP = 0) with the lowest LCE
in order to power supply residential household located in the area of the study.
