Sustainable Renewable Energy Sources and Emerging Technologies

Abstract

This chapter plans a technical and economic feasibility analysis of multi-energy hybrid systems (MEHS) mixing various renewable for the world to address concerns about replacing fossil energy with renewable energy sources (RES) in order to reach zero carbon emissions. The sustainability assessment approach is used to examine the quality of the chosen hybrid systems. The following indicators are used in this evaluation: economic indicator, environmental indicator, and social indicator. India imports over 70% of its oil, 43% of its natural gas, and 50% of its coal. Oil is primarily used in transportation, whereas natural gas and coal are primarily employed in the power sector. The current installed capacity in India is based on numerous sources, including natural gas (18%), oil (6%), coal (26%), nuclear (33%), hydro (12%), and other sectors. A hybrid energy system generates power from multiple sources, such as wind turbines and solar panels, a biomass plant, and a water turbine.