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Objectives: In this paper, an analysis is done with an objective to propose a solution to hybrid power system for storage requirements with cost effective. Methods/Statistical Analysis: A feasibility analysis is carried out on various standalone and hybrid systems based on sensitivity analysis of different converter sizes for a remote area situated in Chamba District of Himachal Pradesh, India. This study is carried out considering the effect of with and without Battery Energy Storage System (BESS) in standalone and hybrid systems. Findings: From the analysis, it is found that total net present cost (NPC) for hybrid system is much less than that of standalone systems, thus ensuring the reliability and continuity of power in case hybrid system is incorporated in the case study. A Lithium ion battery is used in conjunction with hybrid system consisting of wind farm, mini/micro hydro and solar PV plant integrated via power electronic interface. Improvement: It is seen that BESS helps in improving load leveling by charging when demand is less than generation and by discharging in vice-versa case.

Keywords

Battery Energy Storage System (BESS), Distributed Generation (DG), Lithium Ion Battery, Multiple Renewable Energy Sources (MRES), Net Present Cost (NPC).
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