Master of Science in Renewable and Clean Energy Engineering (MSRCE), Wright State University, 2023, Renewable and Clean Energy
In the past several years, the energy sector has experienced a rapid increase in renewable energy installations due to declining capital costs for wind turbines, solar panels, and batteries. Wind and solar electricity generation are intermittent in nature which must be considered in an economic analysis if a fair comparison is to be made between electricity supplied from renewables and electricity purchased from the grid. Energy storage reduces curtailment of wind and solar and minimizes electricity purchases from the grid by storing excess electricity and deploying the energy at times when demand exceeds the renewable energy supply.
The objective of this work is to study the generation of electric power with wind turbines and solar panels coupled to either battery energy storage or hydrogen energy storage. So that logical conclusions can be drawn on the economic effectiveness of battery and hydrogen energy storage, four scenarios are analyzed:
1) purchasing all required electricity from the grid,
2) generating electricity with a combined wind and solar farm without energy storage,
3) generating electricity with a combined wind and solar farm with battery energy storage, and
4) generating electricity with a combined wind and solar farm with hydrogen energy storage.
All four of these scenarios purchase electricity from the grid to meet demand that is not met by the renewable energy power plant. All scenarios are compared based on the lowest net present cost of supplying the specified electrical loads to serve 25,000 homes in Rio Vista, California over 25 years of operation.
The detailed economics and electric power production of both wind and solar combined with energy storage for any size of wind facility, solar facility, battery facility, and hydrogen facility are analyzed with a MATLAB computer program developed for this work. The program contains technical and economic models of each of these systems working in different combinations. Current equipment c (open full item for complete abstract)
Committee: James Menart Ph.D. (Advisor); Hong Huang Ph.D. (Committee Member); Mitch Wolff Ph.D. (Committee Member)
Subjects: Alternative Energy; Energy; Engineering