Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies

Detalhes bibliográficos
Autor(a) principal: Amini, Shiva
Data de Publicação: 2022
Outros Autores: Bahramara, Salah, Golpîra, Hêmin, Francois, Bruno, Soares, João
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.22/22110
Resumo: Renewable-energy-based microgrids (MGs) are being advocated around the world in response to increasing energy demand, high levels of greenhouse gas (GHG) emissions, energy losses, and the depletion of conventional energy resources. However, the high investment cost of the MGs besides the low selling price of the energy to the main grid are two main challenges to realize the MGs in developing countries such as Iran. For this reason, the government should define some incentive policies to attract investor attention to MGs. This paper aims to develop a framework for the optimal planning of a renewable energy-based MG considering the incentive policies. To investigate the effect of the incentive policies on the planning formulation, three different policies are introduced in a pilot system in Iran. The minimum penetration rates of the RESs in the MG to receive the government incentive are defined as 20% and 40% in two different scenarios. The results show that the proposed incentive policies reduce the MG’s total net present cost (NPC) and the amount of carbon dioxide (CO2) emissions. The maximum NPC and CO2 reduction in comparison with the base case (with incentive policies) are 22.87% and 56.13%, respectively. The simulations are conducted using the hybrid optimization model for electric renewables (HOMER) software.
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spelling Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive PoliciesRenewable energy sourcesHybrid systemIncentive policiesGreenhouse gas emissionsRenewable-energy-based microgrids (MGs) are being advocated around the world in response to increasing energy demand, high levels of greenhouse gas (GHG) emissions, energy losses, and the depletion of conventional energy resources. However, the high investment cost of the MGs besides the low selling price of the energy to the main grid are two main challenges to realize the MGs in developing countries such as Iran. For this reason, the government should define some incentive policies to attract investor attention to MGs. This paper aims to develop a framework for the optimal planning of a renewable energy-based MG considering the incentive policies. To investigate the effect of the incentive policies on the planning formulation, three different policies are introduced in a pilot system in Iran. The minimum penetration rates of the RESs in the MG to receive the government incentive are defined as 20% and 40% in two different scenarios. The results show that the proposed incentive policies reduce the MG’s total net present cost (NPC) and the amount of carbon dioxide (CO2) emissions. The maximum NPC and CO2 reduction in comparison with the base case (with incentive policies) are 22.87% and 56.13%, respectively. The simulations are conducted using the hybrid optimization model for electric renewables (HOMER) software.João Soares has received funding from FCT, namely CEECIND/02814/2017 and UIDB/00760/2020.MDPIRepositório Científico do Instituto Politécnico do PortoAmini, ShivaBahramara, SalahGolpîra, HêminFrancois, BrunoSoares, João2023-02-02T11:51:40Z20222022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/22110eng10.3390/en15218285info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T13:18:26Zoai:recipp.ipp.pt:10400.22/22110Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:42:08.982322Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
title Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
spellingShingle Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
Amini, Shiva
Renewable energy sources
Hybrid system
Incentive policies
Greenhouse gas emissions
title_short Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
title_full Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
title_fullStr Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
title_full_unstemmed Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
title_sort Techno-Economic Analysis of Renewable-Energy-Based Micro-Grids Considering Incentive Policies
author Amini, Shiva
author_facet Amini, Shiva
Bahramara, Salah
Golpîra, Hêmin
Francois, Bruno
Soares, João
author_role author
author2 Bahramara, Salah
Golpîra, Hêmin
Francois, Bruno
Soares, João
author2_role author
author
author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico do Porto
dc.contributor.author.fl_str_mv Amini, Shiva
Bahramara, Salah
Golpîra, Hêmin
Francois, Bruno
Soares, João
dc.subject.por.fl_str_mv Renewable energy sources
Hybrid system
Incentive policies
Greenhouse gas emissions
topic Renewable energy sources
Hybrid system
Incentive policies
Greenhouse gas emissions
description Renewable-energy-based microgrids (MGs) are being advocated around the world in response to increasing energy demand, high levels of greenhouse gas (GHG) emissions, energy losses, and the depletion of conventional energy resources. However, the high investment cost of the MGs besides the low selling price of the energy to the main grid are two main challenges to realize the MGs in developing countries such as Iran. For this reason, the government should define some incentive policies to attract investor attention to MGs. This paper aims to develop a framework for the optimal planning of a renewable energy-based MG considering the incentive policies. To investigate the effect of the incentive policies on the planning formulation, three different policies are introduced in a pilot system in Iran. The minimum penetration rates of the RESs in the MG to receive the government incentive are defined as 20% and 40% in two different scenarios. The results show that the proposed incentive policies reduce the MG’s total net present cost (NPC) and the amount of carbon dioxide (CO2) emissions. The maximum NPC and CO2 reduction in comparison with the base case (with incentive policies) are 22.87% and 56.13%, respectively. The simulations are conducted using the hybrid optimization model for electric renewables (HOMER) software.
publishDate 2022
dc.date.none.fl_str_mv 2022
2022-01-01T00:00:00Z
2023-02-02T11:51:40Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/22110
url http://hdl.handle.net/10400.22/22110
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.3390/en15218285
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dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
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