Future trends and strategies for sustainable energy management

Abstract

The need for effective and sustainable energy solutions has grown since the early 20th century due to a steady increase in both global energy production and consumption. The production and demand for renewable energy have increased significantly, while India's consumption of coal and lignite has increased recently as a result of economic expansion and rising natural gas prices. In order to combat climate change and lower carbon emissions, several industrialized nations are simultaneously investing more in renewable energy. In this regard, computer based modeling is crucial for assessing solar photovoltaic (PV) technology's effectiveness under practical operating settings, as it has become a major clean energy choice. This paper proposes a physics-guided synthetic data approach to examine inter-annual fluctuations in PV performance using minor perturbations in irradiance and temperature, using 2015 meteorological data used as the baseline for the JAP6-72-320/4BB module. The findings demonstrate that realistic PV operational circumstances can be accurately represented by controlled disturbances. Furthermore, a comparison of Li-ion batteries for PV-based systems shows that Li-ion storage performs better, but electrolyzer cost is still the most important element influencing system efficiency.