Volume : V, Issue : V, May - 2015

Software Based approach for Cost Optimization of Mini Hydro Power Plants: A comparative case study

Dr Ashwini Mathur

Abstract :

 Mini hydro power development can reduce the load on conventional sources of energy. The cost of mini  hydro power generation can be maintained at attractive levels, despite periodic modifications in the regime of fiscal incentives through higher efficiencies and improved performance obtained from new hydro turbine designs; larger scale and more efficient manufacturing; better levels of operation and maintenance and development of  sites in clusters. HOMER software is significantly used, as analysis is based on the technical properties and the life cycle  cost comprised of the initial capital cost, cost of installation and operation of the system.. In the simulation process,  different power system configurations for every hour of the year are generated with their technical feasibility and life  cycle cost. In the optimization process, HOMER selects one system configuration out of all configurations generated in  the simulation process that satisfies all technical constraints and has the lowest life cycle cost.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr Ashwini Mathur Software Based approach for Cost Optimization of Mini Hydro Power Plants: A comparative case study Indian Journal of Applied Research, Vol.5, Issue : 5 May 2015

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