Research Article
Review of Cost Optimization of Electricity Supply by Using HOMER and a Case Study for a Big Commercial Customer in Brazilian Amazon Area
@INPROCEEDINGS{10.1007/978-3-319-94965-9_22, author={Abdulrahim Alghamdi and Carlos Castro and Ramon Zamora}, title={Review of Cost Optimization of Electricity Supply by Using HOMER and a Case Study for a Big Commercial Customer in Brazilian Amazon Area}, proceedings={Smart Grid and Innovative Frontiers in Telecommunications. Third International Conference, SmartGIFT 2018, Auckland, New Zealand, April 23-24, 2018, Proceedings}, proceedings_a={SMARTGIFT}, year={2018}, month={7}, keywords={HOMER software Energy management Energy cost optimization}, doi={10.1007/978-3-319-94965-9_22} }- Abdulrahim Alghamdi
Carlos Castro
Ramon Zamora
Year: 2018
Review of Cost Optimization of Electricity Supply by Using HOMER and a Case Study for a Big Commercial Customer in Brazilian Amazon Area
SMARTGIFT
Springer
DOI: 10.1007/978-3-319-94965-9_22
Abstract
Renewable energy utilization for electricity supply has increased significantly. Technology maturity, cost reduction, and environmental friendliness are significant factors that encourage this increase. The expansion of distributed generation is increasing significantly due to the concern of many householders and entrepreneurs in minimizing the energy costs at residential and commercial properties due to the high significance of the energy costs at total expenses of most families and business. This study focuses on exploring optimization process of energy costs of a grid-connected hybrid PhotoVoltaic (PV)/Battery/Grid. The profile of a big commercial load located in Brazilian Amazon area is used as an optimization example. The system performance and optimization results are verified by using Hybrid Optimization of Multiple Energy Resources (HOMER).