Abstract:
For millions of years around the world, fossil fuels, such as coal, oil, and gas, have been used to generate electricity. Around 84% of global primary energy is being taken from fossil fuels, while only 11% of the total energy consumption in the world consists of renewables. This not only causes global climate change but also has a detrimental effect on human health and well-being. In addition, worldwide, electricity consumption is growing at an alarming rate. Soon enough, countries will not be able to generate their own economy without sustainable and secure electricity supply. There are still 2.8 billion people around the world who require access to clean and safe technologies. Even in the 21st century, we still have more than 789 million people across the globe with no access to electricity. Keeping all these factors in mind, we conducted a Techno-economic assessment of viable options for the solarization of NUST, and then we designed the most viable option using multiple software to finalize the sizing and specifications of our system along with a way forward for the right implementation of the project.
