Published Paper Details:

Electricity being an imperative section of recent age technology for relentless development. The electrical energy consumption is expanding all over the terra due to which the gap between the demand of electrical power and generation is increasing. Raising cost of the fossil fuel has led the accentuation on the application of renewable energy sources as an alternative source of power generation. The assorted execution of solar and wind energy sources are in demand for power generation, as they also smite the problems such as unavailability either of solar or wind power throughout the year due to their unpredictive nature by using hybrid renewable energy instead of considering any single source (solar or wind or biomass) become cost effective by minimizing unit cost of generation. The main objective of this paper is to represent neuter outlook by variant authors in context of optimize stand-alone solar-wind hybrid power generation system and maximize the use of renewable energy resources while minimizing the total tariff of system. The HOMER optimized the system in constrained of various costs of system, percentage of renewable energy uses, carbon emission, and electrical load requirement throughout the year.