How much does the island microgrid system cost?

Total economic easement of the island microgrid system is illustrated in Table 5, which concentrates on the cost-effective economic assessment of the microgrid system. The total NPC of the system is around 50,30,362 $, which is calculated from HOMER optimization. The optimized operating cost is around 86,090 $/yr.

Which island hybrid microgrid is best?

The proposed optimized island hybrid microgrid is referred to as the best in terms of system availability and reliability, because it addresses three crucial criteria: techno-economic feasibility, system dependability and system availability to ensure a continuous power supply for remote and island areas of Bangladesh, such as Bhansan Char.

Can Island microgrids be used in different environmental situations?

A few plausible case studies bespeak the suitability of the suggested island microgrid system in different environmental situations where the national grid is unavailable. The real-time simulation of the proposed model amplifies the feasibility of generation synchronization with load demand.

What are the benefits of a hybrid Island microgrid system?

One of the benefits of a hybrid island microgrid system is that it does not depend on national and/or central grids, which reduces a massive amount of power distribution costs . However, hybrid microgrid systems for isolated and/or remote locations still face many critical challenges.

Which power source is best for the island microgrid?

The wind turbine is the most favorable and cost-effective option for a more stable power generation source for the island microgrid area. Wind turbines produce around 34–38% of the electricity monthly. Then, the fuel cell contributes monthly to around 4–19% of the power production from the hydrogen storage tank.

How is a microgrid system designed?

The microgrid system is designed according to the HOMER and MATLAB optimized system architecture. This simulation is done to focus on the various power system uncertainty analysis of the microgrid model. In this analysis, it is observed whether the system performs properly or not. Also, the three-phase bus voltage, current, and power are observed.