Design, Modelling and Cost Analysis of Hybrid Power System

In this Paper we have designed and modeled a renewable power system for rural electrification and in addition to this we also did the cost analysis. Firstly, we modeled a Fuel cell, PV cell, Inverter and filter. We constructed the hybrid system and supplied power to the grid and to the loads connected. This modeling and design was done in MATLAB. In this thesis we also included the cost analysis of the micro grid in the software known as HOMER. In HOMER we designed three different models, first was when we used only diesel generator to supply the load. In the second model, we modeled renewable energy resources (PV cell, Fuel cell) and in the third model we used diesel generator as well as renewable energy resources together. Thus, we did the cost analysis comparatively.