MATEC Web of Conferences
Volume 13, 2014ICPER 2014 - 4th International Conference on Production, Energy and Reliability
|Number of page(s)||6|
|Section||Energy and Fuel Technology|
|Published online||17 July 2014|
Effect of Operation Strategies on the Economic Performance of a Hybrid Photovoltaic-Micro Gas Turbine Trigeneration System
1 Universiti Malaysia Pahang, Faculty of Mechanical Engineering, 26600 Pekan Pahang, Malaysia
2 Kitami Institute of Technology, Mechanical Engineering, Kitami City, Hokkaido 090-8507, Japan
a Corresponding author : firstname.lastname@example.org
This study presents the economic performance of a photovoltaic (PV) and micro gas turbine trigeneration system (MGT-TGS) based hybrid energy system with various operation strategies. The hybrid system covers power, heating and cooling load of a selected building located in a tropical region. The core prime mover of each operation strategy is an MGT with power output capacity of 30kW or 65kW. An energy balance analysis was conducted and the economic performance of each operation strategy was analyzed using Life Cycle Cost Analysis. It was found that all operation strategies can only generate Net Profit when the electricity cost is not subsidized. Combination of photovoltaic and MGT-TGS with power-match operation strategy had the highest Net Profit and was the simplest hybrid system. This was mainly because this system did not require battery that has high cost. Thus, this is the most optimum operation strategy when economic performance is considered.
© Owned by the authors, published by EDP Sciences, 2014
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 2.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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