TECHNO-ECONOMIC ANALYSIS FOR A HYBRID ENERGY SYSTEM OF AN AGRICULTURE FARM USING HOMER PRO SOFTWARE
DOI:
https://doi.org/10.11113/aej.v16.24808Keywords:
CHP microgrid, renewable energy, PV system, net present cost, agriculture farmAbstract
This paper present a techno-economic analysis model to identify the most cost-effective hybrid microgrid for an agriculture farm in Daklak, Vietnam using HOMER Pro software. The consid-ered hybrid renewable energy system includes a cogeneration generator, solar photovoltaic (PV) rooftop, a small wind turbine, a battery bank, and connected to the main grid to fulfill the energy demands of the farm. The design factors include various considerations such as energy resource availability, environmental sustainability, and financial viability, where the net present cost (NPC) factor is the main objective to make the design more cost effective. From 881 possible con-figurations, a system combining PV panels with CHP generators with the lowest NPC was se-lected as the most optimal solution for the agriculture farm by saving 48% net present cost compared to the system solely connected to the main grid. The findings not only highlight the cost-effectiveness of the selected design but also provide a replicable methodology that can guide future microgrid planning for farms and rural communities in similar contexts.
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