Techno‐economic optimization of hybrid power system using genetic algorithm

This paper presents an optimum sizing methodology to optimize the hybrid energy system (HES) configuration based on genetic algorithm. The proposed optimization model has been applied to evaluate the techno‐economic prospective of the HES to meet the load demand of a remote village in the northern part of Saudi Arabia. The optimum configuration is not achieved only by selecting the combination with the lowest cost but also by finding a suitable renewable energy fraction that satisfies load demand requirements with zero rejected loads. Moreover, the economic, technical and environmental characteristics of nine different HES configurations were investigated and weighed against their performance. The simulation results indicated that the optimum wind turbine (WT) selection is not affected only by the WT speed parameters or by the WT rated power but also by the desired renewable energy fraction. It was found that the rated speed of the WT has a significant effect on optimum WT selection, whereas the WT rated power has no consistent effect on optimal WT selection. Moreover, the results clearly indicated that the HES consisting of photovoltaics (PV), WT, battery bank (Batt) and diesel generator (DG) has superiority over all the nine systems studied here in terms of economical and environmental performance. The PV/Batt/DG hybrid system is only feasible when wind resource is very limited and solar energy density is high. On the other hand, the WT/Batt/DG hybrid system is only feasible at high wind speed and low solar energy density. It was also found that the inclusion of batteries reduced the required DG and hence reduced fuel consumption and operating and maintenance cost. Copyright © 2014 John Wiley & Sons, Ltd.