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Electrical energy becomes necessary for human being. Generation of electrical energy mostly depends on fossils fuel, they are limited in nature and also responsible for environmental pollution. Renewable energy resources provides a better alternative for future,In comparison to conventional energy resources economical aspect is a major issue of renewable energy sources with the feasibility and efficiency. These limitations are tried to overcome by deployment hybrid renewable energy resources. There are certain criteria to analyze and implement the sized, optimized and cost efficient system. This paper focus on hybrid energy systems based on solar photovoltaic (PV) and wind resources. This paper shed lights on various parameters of economic feasibility, sizing strategies with logical advancements to enhance their utilization, future prospects, and their arrangement. Strategies to develop an effective storage system is also presented here.A brief review on developments in optimization techniques, reliability index and cost analyzing techniques for hybrid renewable energy systems are also presented. [ABSTRACT FROM AUTHOR]

Today solar power is still dominantly presented to be expensive source of electricity. However, the profitability of solar and other electricity generation technologies is typically evaluated with the Levelized Cost of Electricity (LCOE) approach. This paper questions the traditional investment evaluation logics of power production (LCOE) in the interesting case of rooftop PVs and based on customer value generation logics presents a new approach for evaluating the profitability of rooftop PV investments. The approach recognizes the value that PVs produce to real estate owners and utilize basic real estate investment models to evaluate the profitability of PVs. The results imply that, if PVs are considered as a part of the underlying property, rooftop PV systems are already today profitable in many European cities and can provide substantial returns on investment for property owners. More interestingly, the results imply that rooftop PV investments are most profitable in the dense urban cores instead of more remote (industrial) locations, and thus the current trend of urbanization seems to further strengthen the profitability of rooftop solar power. This paper points out that spatial locations drive the economic analysis of real estate, and thus it is likely that it will drive the economic analysis of decentralized on-site energy investments as well. [ABSTRACT FROM AUTHOR]

Poor air quality from coal combustion adversely impacts human health including mortality and morbidity effects on respiratory, cardiovascular, nervous, urinary, and digestive systems. However, the continued use of coal are no longer necessary to provide for society's electrical needs because of advances in solar photovoltaic (PV) technology. In order to inform health policy this paper reviews the data for quantifying the lives saved by a replacement of U.S. coal-fired electricity with solar PV systems. First the geospatial correlation with coal fired power plants and mortality is determined for the U.S. at the state level. Then, current life cycle mortality rates due to coal combustion are calculated and current energy generation data is collated. Deaths/kWh/year of coal and PV are calculated, and the results showed that 51,999 American lives/year could be saved by transitioning from coal to PV-powered electrical generation in the U.S. To accomplish this, 755 GW of U.S. PV installations are needed. The first costs for the approach was found to be roughly $1.45 trillion. Over the 25 year warranty on the PV modules the first cost per life saved is approximately $1.1 million, which is comparable to the value of a human life used in other studies. However, as the solar electricity has value, the cost per life is determined while including the revenue of the solar electric generation using a sensitivity analysis on the value of the electricity. These results found that for most estimations of the value, saving a life by offsetting coal with PV actually saved money as well, in some cases several million dollars per life. It is concluded that it is profitable to save lives in the U.S. with the substitution of coal-fired electricity with solar power and that the conversion is a substantial health and environmental benefit. [ABSTRACT FROM AUTHOR]

This paper presents and analyzes Qatar's long-term solar resource potential to assess the power generation prospects of diverse solar plants in the country. Solar resource potential is obtained by applying kriging techniques to satellite-derived data to produce maps of monthly and yearly averages of global horizontal and direct normal irradiation. This analysis is based on eleven years of hourly satellite-derived solar radiation data calculated through a modified version of the Heliosat-3 model, where the satellite estimations have been improved and adapted to site using bias removal methods through a comparison with ground radiometric measurements. Solar resource data are then used in combination with local meteorological data as input to the System Advisor Model (SAM) in TMY3 format to simulate the solar plant operational prospects of various concentrating solar systems (CSP) and photovoltaic (PV) reference plants over eleven years. The ensuing simulation results show that parabolic troughs, molten salt tower plant with large thermal storage systems, and large grid-connected PV systems offer the best solutions in terms of interannual variability and long-term stability of the electricity produced. [ABSTRACT FROM AUTHOR]

Norway is a major renewable energy developer in Europe, mainly through its development of hydropower. Research has shown that solar energy also has potential in Norway, however, the cumulative installed photovoltaic capacity was only 120 MW at the end of 2019, representing 4.1% of the total electricity generation. Hence, this paper aims to investigate the main barriers to diffusing photovoltaics for residential buildings from the public sector, private sector, and the people's perspectives in Norway. Furthermore, it analyzes solar development, policies, and models in different countries, and proposes a potential model and solutions to overcome barriers. The results show that the high initial costs of photovoltaics and limited information and awareness of the possible benefits are the main barriers for the people. For the private sector, limited funding and few pilot projects to learn from, as well as risk uncertainty are the main barriers. The main concern in the public sector is the low application of existing incentives. Public-private-people partnerships (PPPP) have a big potential to overcome these barriers by dividing the high initial costs into more affordable sums, facilitating the information flow among different sectors, and involving all three sectors to create new incentives. In addition, Norway is well-suited for PPPP, as the citizens pay much attention to sustainable development, and there is already a close collaboration between the public and private sectors in the energy sector. Finally, three concrete solutions using PPPP are proposed: design a co-investment solution, provide information sharing platforms, and create new incentives. • Barriers to diffusing PV in Norway from people, public, and private are identified. • The main barriers are few pilot cases and low electricity prices due to hydropower. • Public-private-people partnerships have potential to overcome identified barriers. • Co-investment, information sharing, and new incentives with PPPP are proposed. [ABSTRACT FROM AUTHOR]