Optimal Sizing of PV-Battery based Hybrid Renewable System using Particle Swarm Optimization for Economic Sustainability

• Main Authors: Wali S.B., Hannan M.A., Ker P.J., Kiong T.S.
• Other Authors: 56402940200
• Format: Conference Paper
• Published: Institute of Electrical and Electronics Engineers Inc. 2024
• Subjects: Energy storage; hybrid renewable system; levelized cost of energy; particle swarm optimization; Renewable energy sources; Cost effectiveness; Digital storage; Iterative methods; Particle size analysis; Particle swarm optimization (PSO); Renewable energy; Secondary batteries; Sustainable development; Cost of energies; Economic sustainability; Hybrid renewable system; Levelized cost of energy; Levelized costs; Particle swarm; Particle swarm optimization; Photovoltaics; Renewable energy source; Swarm optimization; MATLAB

Integrating energy storage (ES) such as batteries with renewable sources like photovoltaic (PV) systems offers eco-friendly power generation, but optimizing the scale of hybrid renewable systems (HRSs) is complex due to PV intermittency, discharge uncertainty, and economic factors. The article has p...