Economic Analysis of Demand Side Management with Residential PV System and Energy Storage System
Abstract
Renewable energy sources (RESs) as distributed generation (DG) have an important place on distribution networks (DNs) in recent years. RESs are being used for voltage stability, low power losses and low energy cost. Two way energy transmission is possible after the development of smart distribution girds and different electricity tariffs can be applied for customers at different times of day. PV modules are growing rapidly for residential applications and PV modules applications are becoming widespread together with technological improvements. Because of the raw material continuity problem of PV modules, energy storage systems (ESSs) can be used at residential PV applications. In this paper, economical effect of the residential PV system for customer is investigated and ESS is used with PV system for more efficient PV usage. The charge/discharge timing of ESS has been set to obtain a minimum electricity bill for one home. Then we used distribution network to analyse the impact of the residential PV application. For this purpose, it was accepted that 25 per cent of homes at distribution network have residential PV and ESS (RPVESS).
Keywords
References
- [1] Ravishankar, A. N., Ashok, S. , Kumaravel, S., Effects of demand side management & storage on renewable energy penetration to the grid, Proceedings of the 2017 Third International Conference on Advances in Electrical, Electronics, Information, Communication and Bio-Informatics (AEEICB), Chennai, 2017, pp. 329-335.
- [2] Federica, C., Idiano, D., Massimo, G., Photovoltaic energy systems with battery storage for residential areas: an economic analysis, Journal of Cleaner Production, vol. 131, pp. 460-474, 2016.
- [3] Numbi, B. P., Malinga, S. J., Optimal energy cost and economic analysis of a residential grid-interactive solar PV system- case of eThekwini municipality in South Africa, Applied Energy, vol. 186, pp. 28-45, 2017.
- [4] Fernando, M. C., Rui, C., Almeida, M. E., Pires, V. F., Economic assessment of residential PV systems with self-consumption and storage in Portugal, Solar Energy, vol. 150, pp. 353-362, 2017.
- [5] Manuel, R., Marian, H., Valentin, B., Wolf, F., Impact of residential electricity tariffs with variable energy prices on low voltage grids with photovoltaic generation, International Journal of Electrical Power & Energy Systems, vol. 79, pp. 161-171, 2016.
- [6] Arráez-Cancelliere, O. A., Muñoz-Galeano, N., Lopez-Lezama, J. M., Performance and economical comparison between micro-inverter and string inverter in a 5.1 kWp residential PV-system in Colombia, Proceedings of the 2017 IEEE Workshop on Power Electronics and Power Quality Applications (PEPQA), Bogota, Colombia 2017, pp. 1-5.
- [7] Lam, R. K., Tran, D. H., Yeh, H. G., Economics of residential energy arbitrage in california using a PV system with directly connected energy storage, Proceedings of the 2015 IEEE Green Energy and Systems Conference (IGESC), Long Beach, CA, 2015, pp. 67-79.
- [8] Villalva, M. G., Gazoli, J. R., Ruppert, F. E., Modeling and circuit-based simulation of photovoltaic arrays, Proceedings of the 2009 Brazilian Power Electron. Conf., Bonito, BRAZIL, 2009, pp. 1244–1254.
Details
Primary Language
English
Subjects
Engineering
Journal Section
Research Article
Publication Date
January 31, 2020
Submission Date
June 26, 2019
Acceptance Date
October 15, 2019
Published in Issue
Year 2020 Volume: 7 Number: 1
