Optimum Sizing and Modeling of Stand-Alone DC Microgrid With Hybrid Energy Storage System for Domestic Applications: Cost of Energy, Net Present Cost, and Feasible Configurations

In this article, optimum sizing and modeling of a stand-alone dc microgrid (DCMG) system for domestic applications with hybrid storage system is been proposed. The hybrid storage system consists of a lithium-ion battery (LIB) and supercapacitor (SC). The DCMG is designed to meet the load requirements of a house located in Aruppukottai, in the southern region of Tamil Nadu, India. The daily energy demand is estimated as 7.77 kWh with a peak load of 1.19 kW. This DCMG is designed and simulated by using Homer Pro software. The optimum sizing of solar photovoltaics (PVs), wind turbine (WT), LIB, and SC is evaluated based on cost of energy (CoE) and net present cost (NPC), and all feasible configurations are discussed. The feasible configurations include PV+LIB, PV+WT+LIB, WT+LB, PV+WT+SC, PV+SC, and WT+SC and are compared in terms of CoE and NPC. The results show that the PV+LIB architecture is the optimum configuration, with a CoE of
${\$}$
0.2/kWh and an NPC of $7,334.