Javascript is required
[1] Ardakani, F.J. & Ardehali, M.M., Long-term electrical energy consumption forecast- ing for developing and developed economies based on different optimized models and historical data types. Energy, 65, pp. 452–461, 2014. [Crossref]
[2] U. S. Energy Information Administration (EIA). Retrieved from www.eia.gov, 15 June 2015.
[3] Benjamin, K.S., A qualitative factor analysis of renewable energy and Sustainable Energy for All (SE4ALL) in the Asia-Pacific. Energy Policy, 59, pp. 393–403, 2013. [Crossref]
[4] The Economic Planning Unit, Tenth Malaysia Plan 2011–2015, Prime Minister’s Department, Putrajaya, pp. 1–451, 2010.
[5] Abdullah, A.S., Abdullah, M.P, Hassan, M.Y. & Hussin, F., Renewable energy cost- benefit analysis under Malaysian Feed-In-Tariff, IEEE Student Conference on Research and Development (SCOReD), Malaysia, pp. 160–165, 2012. [Crossref]
[6] Sustainable Energy Development Authority Malaysia (SEDA). Retrieved from www. seda.gov.my, 15 June 2015.
[7] Rosnazri, A., Ismail, D. & Soib, T., A review on existing and future energy sources for electrical power generation in Malaysia. Renewable and Sustainable Energy Reviews, 16(6), pp. 4047–4055, 2012. [Crossref]
[8] Rozlan, M.B.M., Zobaa, A.F. & Abdel Aleem, S.H.E., The optimisation of stand-alone hybrid renewable energy systems using HOMER. International Review of Electrical Engineering, 6(4B), pp. 1802–1810, 2011.
[9] Muda, W.M.W. & Fong, C.A., Simulation-based method to evaluate PV/wind hybrid renewable energy system in Terengganu. WIT Transactions on Ecology and the Environment, 186, pp. 91–102, 2014, ISSN 1743-3541.
[10] HOMER. Retrieved from http://www.homerenergy.com/, 22 July 2014.
[11] Gilbert, M.M., Renewable and Efficient Electric Power Systems, John Wiley & Sons: Hoboken, NJ, pp. 240–256, 2004.
[12] Tenaga Nasional Berhad (TNB). Retrieved from www.tnb.com.my, 15 June 2015. [13] NASA. Retrieved from https://eosweb.larc.nasa.gov/, 22 July 2014.
Search

Acadlore takes over the publication of IJEPM from 2025 Vol. 10, No. 3. The preceding volumes were published under a CC BY 4.0 license by the previous owner, and displayed here as agreed between Acadlore and the previous owner. ✯ : This issue/volume is not published by Acadlore.

Open Access
Research article

Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu

W. M. W. Muda1,
Roslan Umar2
1
Special Interest Group of Eastern Corridor Renewable Energy, University Malaysia Terengganu, Malaysia
2
East Coast Environment Research Institute, University Sultan Zainal Abidin, Malaysia
International Journal of Energy Production and Management
|
Volume 1, Issue 3, 2016
|
Pages 223-232
Received: N/A,
Revised: N/A,
Accepted: N/A,
Available online: N/A
View Full Article|Download PDF

Abstract:

This article extends the conference paper ‘Simulation-based method to evaluate PV/wind hybrid renewable energy system in Terengganu’. Instead of off-grid system considered in the conference version, inspired by feed-in-tariff introduced by The Government of Malaysia, this article includes grid-connected hybrid renewable energy system to examine their feasibility to be used as power supply for a household in Terengganu. In addition, this article compares the performance of grid-only system and hybrid grid-renewable energy systems in terms of cost of electricity and emission of pollutant. The payback period is also examined based on the current sellback rate. Sensitivity analysis is done to find the best sellback rate for a hybrid grid/PV/wind system to compete with a hybrid grid/PV system. In addition, the most optimal configuration is also determined by varying the value of solar radiation, wind speed and sellback rate. Generally, it is concluded that the hybrid grid/PV system is the most practicable choice to be used as power generator to supply electricity for a household in Terengganu.

Keywords: Cost of energy, Economic analysis, Feed-in-tariff, Grid-connected system, HOMER software, Optimal configuration, Payback period, Renewable energy, Sensitivity analysis
Data Availability

The data used to support the findings of this study are available from the corresponding author upon request.

Conflicts of Interest

The authors declare that they have no conflicts of interest.

References
[1] Ardakani, F.J. & Ardehali, M.M., Long-term electrical energy consumption forecast- ing for developing and developed economies based on different optimized models and historical data types. Energy, 65, pp. 452–461, 2014. [Crossref]
[2] U. S. Energy Information Administration (EIA). Retrieved from www.eia.gov, 15 June 2015.
[3] Benjamin, K.S., A qualitative factor analysis of renewable energy and Sustainable Energy for All (SE4ALL) in the Asia-Pacific. Energy Policy, 59, pp. 393–403, 2013. [Crossref]
[4] The Economic Planning Unit, Tenth Malaysia Plan 2011–2015, Prime Minister’s Department, Putrajaya, pp. 1–451, 2010.
[5] Abdullah, A.S., Abdullah, M.P, Hassan, M.Y. & Hussin, F., Renewable energy cost- benefit analysis under Malaysian Feed-In-Tariff, IEEE Student Conference on Research and Development (SCOReD), Malaysia, pp. 160–165, 2012. [Crossref]
[6] Sustainable Energy Development Authority Malaysia (SEDA). Retrieved from www. seda.gov.my, 15 June 2015.
[7] Rosnazri, A., Ismail, D. & Soib, T., A review on existing and future energy sources for electrical power generation in Malaysia. Renewable and Sustainable Energy Reviews, 16(6), pp. 4047–4055, 2012. [Crossref]
[8] Rozlan, M.B.M., Zobaa, A.F. & Abdel Aleem, S.H.E., The optimisation of stand-alone hybrid renewable energy systems using HOMER. International Review of Electrical Engineering, 6(4B), pp. 1802–1810, 2011.
[9] Muda, W.M.W. & Fong, C.A., Simulation-based method to evaluate PV/wind hybrid renewable energy system in Terengganu. WIT Transactions on Ecology and the Environment, 186, pp. 91–102, 2014, ISSN 1743-3541.
[10] HOMER. Retrieved from http://www.homerenergy.com/, 22 July 2014.
[11] Gilbert, M.M., Renewable and Efficient Electric Power Systems, John Wiley & Sons: Hoboken, NJ, pp. 240–256, 2004.
[12] Tenaga Nasional Berhad (TNB). Retrieved from www.tnb.com.my, 15 June 2015. [13] NASA. Retrieved from https://eosweb.larc.nasa.gov/, 22 July 2014.
Cite this:
APA Style
IEEE Style
BibTex Style
MLA Style
Chicago Style
GB-T-7714-2015
Muda, W. M. W. & Umar, R. (2016). Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu. Int. J. Energy Prod. Manag., 1(3), 223-232. https://doi.org/10.2495/EQ-V1-N3-223-232
W. M. W. Muda and R Umar, "Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu," Int. J. Energy Prod. Manag., vol. 1, no. 3, pp. 223-232, 2016. https://doi.org/10.2495/EQ-V1-N3-223-232
@research-article{Muda2016AssessmentOE,
title={Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu},
author={W. M. W. Muda and Roslan Umar},
journal={International Journal of Energy Production and Management},
year={2016},
page={223-232},
doi={https://doi.org/10.2495/EQ-V1-N3-223-232}
}
W. M. W. Muda, et al. "Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu." International Journal of Energy Production and Management, v 1, pp 223-232. doi: https://doi.org/10.2495/EQ-V1-N3-223-232
W. M. W. Muda and Roslan Umar. "Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu." International Journal of Energy Production and Management, 1, (2016): 223-232. doi: https://doi.org/10.2495/EQ-V1-N3-223-232
MUDA W M W， UMAR R. Assessment of Economic Feasibility for Grid- Connected Renewable Energy System for a Household Application in Terengganu[J]. International Journal of Energy Production and Management， 2016， 1(3)： 223-232. https://doi.org/10.2495/EQ-V1-N3-223-232