Economic evaluation of hybrid renewable energy systems in Nigeria

What is it about?

The present study investigates the feasibility of different power generation configurations comprising solar array, wind turbine and diesel generator in different locations within the geo-political zones of Nigeria. Six rural communities were randomly chosen from each of the six geo-political zones in Nigeria with the intention that the results of the study could be replicated in other remote locations of the selected zones with similar terrains. HOMER (Hybrid Optimization Model for Electric Renewable) simulation software was used to determine the economic feasibility of the systems. The simulations concentrated on the net present costs, cost of energy and renewable fraction of the given hybrid configurations for all the climatic zones.

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