Turning toward a smart region by implementing a hybrid power system

Distributed generation (DG) especially energy acquired from renewable energy sources (RES) plays a significant role in modern power sector due to high carbon emissions around the globe. Its emerging potential is feasible by implementing microgrids as they are beneficial for networks in terms of increasing flexibility and stability, providing frequency and voltage support, power factor compensation etc. This makes the investment into microgrid incorporating RESs attractive, while at the same time reducing overall investment in the grid. Higher cost and stochastic nature of intermittent RES are complications for the implementation and operation of such solutions. This paper will analyse economic feasibility of hybrid power system (HPS) implementation consisting of a wind generator (WG), a photovoltaic system (PVS), gas combined heat and power plant (CHP) and storage batteries. Each of the elements is optimized according to power demand and RES’s potential. Technical analysis of the grid integration, parallel operation of the system and the grid is analysed with an example of a real medium-voltage distribution network operating in Bosnia and Herzegovina by using quasi-dynamic load flow simulation of one-week time-period. Finally, different operating mechanisms and strategies will be proposed, following the minimal power form the grid premise to satisfy maximum usability of RES’s potential. It is shown that implementing such HPS would be beneficial in terms of both economy and, ecology, as well as in reducing energy losses. Besides, it will reduce power supplying costs and energy losses, as well as and secure better exploitation and utilization of natural renewable energy sources. These technologies positively affect power network by decreasing the risk of network-components overloading, better exploiting the power-generation facilities based on renewable resources and positively impacting voltage profiles. Similar places, situated on remote locations, may use this analysis as an example to follow, to reduce their costs of electricity, acquire more reliable and sustainable power supply, and embrace green future.