Modelling Energy Production and Consumption in Relation to Climate Parameters

The research has described the key features of the co-variability of wind and insolation on the east coast of India, and their potential impact on balancing energy supply. For the first time in this region, it was found that due to changes caused by coastal currents in climatic conditions (both solar and wind) on the east coast of India, there is a 13% change from 6720.28 to 5951.15 kWh/m² in total incident horizontal solar insolation, and a 29.4% change from 3.4 to 4.4 m/s in the mean wind speed, which ultimately leads to a 15% change in the levelised cost of electricity (LCOE) from $US0.185 to $US0.158 and a 10%change from 2.1 to 1.9 years in the period of refund at different points on the coast. Gained correlations can be seen not only in coastal regions, but also can give the insights of how well the hybrid renewable energy sources systems will perform in the remote regions. Parameters of solar panels that employ Heterojunction Technology (HJT) were used in the simulation in this region>