Author : Nishi Singh [ Volume No.:IX, Issue No.III-May 2020] [Page No : 947-952] [2020]

The Hybrid Generating systems have become a very common avenue of generating sustainable energy in the modern world. The success of this particular method of power generation is widely attributed to the technological advancements in the field of renewable energy. The production of electricity via diesel generators is subject to operational challenges related to the fluctuating prices of diesel. On the other hand, wind energy is intermittent in nature, hence a limited reliability. In this regard, it will be a remedial move to adopt the use of various hybrids to internalize these shortcomings. The advantages of one particular element in a given hybrid will compensate for the shortcomings of a given element within the same hybrid. There exist a variety of hybrids that are used in the generation of electricity in the modern world. A typical hybrid will harness or store energy from two or more sources. This work present a deep review of Homer optimization tool used for the analysis of cost and optimum size of hybrid system.