Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Techno-Economic Analysis of Hybrid Renewable Energy Based Electricity Supply to Gwadar, Pakistan

Muhammad Sharjeel Ali
,
Syed Umaid Ali
ORCID logo ,
Saeed Mian Qaisar
,
Asad Waqar
* ORCID logo ,
Faheem Haroon
,
Ahmad Alzahrani
* ORCID logo
Version 1 : Received: 4 October 2022 / Approved: 5 October 2022 / Online: 5 October 2022 (11:01:04 CEST)

A peer-reviewed article of this Preprint also exists.

Ali, M.S.; Ali, S.U.; Mian Qaisar, S.; Waqar, A.; Haroon, F.; Alzahrani, A. Techno-Economic Analysis of Hybrid Renewable Energy-Based Electricity Supply to Gwadar, Pakistan. Sustainability 2022, 14, 16281. Ali, M.S.; Ali, S.U.; Mian Qaisar, S.; Waqar, A.; Haroon, F.; Alzahrani, A. Techno-Economic Analysis of Hybrid Renewable Energy-Based Electricity Supply to Gwadar, Pakistan. Sustainability 2022, 14, 16281.

Abstract

Gwadar is essential for Pakistan's financial stability. The third deep-water port in Pakistan, Gwadar, plays a significant part in trade between the Gulf countries, Africa, China, United Arab Emirates, and Cordillera Administrative Region. However, the load Shedding of 12-16 hours in Gwadar is the most concerning issue. Pakistan imports 70 MW of electricity from Iran. The wind and solar system are already installed but for a limited residential area. In Gwadar, there are enough renewable energy resources that can be utilized for electricity generation. In this context, a Techno and Economic Analysis is performed using the Hybrid Optimization Model for Multiple Energy Resources (HOMER) Pro. Two models are considered for this study. Model-1 includes PV/Wind Turbine/ and Battery while Model-2 consists of PV/Wind Turbine/Converter and Grid. The yearly energy generated by Model-1 and Model-2 is 57.37 GWh and 81.5 GWh, respectively. The levelized cost of electricity (LCOE) for Model-1 and Model-2 is respectively $0.401/kWh and $0.0347/kWh. It is shown that the simple payback of Model-1 is of 6.70 years, and the simple payback of Model-2 is 7.77 years. Due to the high LCOE of Model-1, its payback year is lesser than model-2. All of these facts indicate that Model 2 is the most optimal solution.

Keywords

Techno-Economic Analysis; Gwadar; Renewable Energy; Homer Pro; Feasibility Analysis

Subject

Engineering, Electrical and Electronic Engineering

Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Download PDF

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our Diversity statement.

Leave a public comment
Send a private comment to the author(s)
* All users must log in before leaving a comment
Views 0
Downloads 0
Comments 0
Get PDF Cite Share 0
Bookmark BibSonomy Mendeley Reddit Delicious
×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.