IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v112y2019icp978-990.html
   My bibliography  Save this article

Optimized PV-coupled battery systems for combining applications: Impact of battery technology and geography

Author

Listed:
  • Pena-Bello, A.
  • Barbour, E.
  • Gonzalez, M.C.
  • Patel, M.K.
  • Parra, D.

Abstract

Interest in residential batteries to supply photovoltaic (PV) electricity on demand is increasing, however they are not profitable yet. Combining applications has been suggested as a way to increase their attractiveness, but the extent to which this can be achieved, as well as how the different value propositions may affect the optimal battery technology, remain unclear. In this study, we develop an open-source optimization framework to determine the best-suited battery technology depending on the size and the applications combined, including PV self-consumption, demand load-shifting, demand peak shaving and avoidance of PV curtailment. Moreover, we evaluate the impact of the annual demand and electricity prices by applying our method to representative dwellings in Geneva (Switzerland) and Austin (United States). Our results indicate that the combination of applications help batteries to become close to break-even by improving the net present value by up to 66% when compared with batteries performing PV self-consumption only. Interestingly, we find that the best-suited battery technology in Austin is lithium nickel cobalt aluminum oxide (NCA) as for Geneva lithium nickel manganese cobalt oxide (NMC) batteries reach in average a higher net present value than NCA-based batteries. However, NCA-based batteries could be a more promising alternative when applications are combined.

Suggested Citation

  • Pena-Bello, A. & Barbour, E. & Gonzalez, M.C. & Patel, M.K. & Parra, D., 2019. "Optimized PV-coupled battery systems for combining applications: Impact of battery technology and geography," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 978-990.
    • Handle: RePEc:eee:rensus:v:112:y:2019:i:c:p:978-990
    DOI: 10.1016/j.rser.2019.06.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032119303880
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2019.06.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. O'Shaughnessy, Eric & Cutler, Dylan & Ardani, Kristen & Margolis, Robert, 2018. "Solar plus: Optimization of distributed solar PV through battery storage and dispatchable load in residential buildings," Applied Energy, Elsevier, vol. 213(C), pages 11-21.
    2. Battke, Benedikt & Schmidt, Tobias S. & Grosspietsch, David & Hoffmann, Volker H., 2013. "A review and probabilistic model of lifecycle costs of stationary batteries in multiple applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 240-250.
    3. Luthander, Rasmus & Widén, Joakim & Nilsson, Daniel & Palm, Jenny, 2015. "Photovoltaic self-consumption in buildings: A review," Applied Energy, Elsevier, vol. 142(C), pages 80-94.
    4. Pyrgou, Andri & Kylili, Angeliki & Fokaides, Paris A., 2016. "The future of the Feed-in Tariff (FiT) scheme in Europe: The case of photovoltaics," Energy Policy, Elsevier, vol. 95(C), pages 94-102.
    5. Hoppmann, Joern & Volland, Jonas & Schmidt, Tobias S. & Hoffmann, Volker H., 2014. "The economic viability of battery storage for residential solar photovoltaic systems – A review and a simulation model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 1101-1118.
    6. Kazhamiaka, Fiodar & Jochem, Patrick & Keshav, Srinivasan & Rosenberg, Catherine, 2017. "On the influence of jurisdiction on the profitability of residential photovoltaic-storage systems: A multi-national case study," Energy Policy, Elsevier, vol. 109(C), pages 428-440.
    7. Parra, David & Patel, Martin K., 2016. "Effect of tariffs on the performance and economic benefits of PV-coupled battery systems," Applied Energy, Elsevier, vol. 164(C), pages 175-187.
    8. Stefan Pfenninger, 2017. "Energy scientists must show their workings," Nature, Nature, vol. 542(7642), pages 393-393, February.
    9. Pfenninger, Stefan & Staffell, Iain, 2016. "Long-term patterns of European PV output using 30 years of validated hourly reanalysis and satellite data," Energy, Elsevier, vol. 114(C), pages 1251-1265.
    10. Pfenninger, Stefan & DeCarolis, Joseph & Hirth, Lion & Quoilin, Sylvain & Staffell, Iain, 2017. "The importance of open data and software: Is energy research lagging behind?," Energy Policy, Elsevier, vol. 101(C), pages 211-215.
    11. Nyholm, Emil & Goop, Joel & Odenberger, Mikael & Johnsson, Filip, 2016. "Solar photovoltaic-battery systems in Swedish households – Self-consumption and self-sufficiency," Applied Energy, Elsevier, vol. 183(C), pages 148-159.
    12. Beck, T. & Kondziella, H. & Huard, G. & Bruckner, T., 2016. "Assessing the influence of the temporal resolution of electrical load and PV generation profiles on self-consumption and sizing of PV-battery systems," Applied Energy, Elsevier, vol. 173(C), pages 331-342.
    13. Sani Hassan, Abubakar & Cipcigan, Liana & Jenkins, Nick, 2017. "Optimal battery storage operation for PV systems with tariff incentives," Applied Energy, Elsevier, vol. 203(C), pages 422-441.
    14. A. Stephan & B. Battke & M. D. Beuse & J. H. Clausdeinken & T. S. Schmidt, 2016. "Limiting the public cost of stationary battery deployment by combining applications," Nature Energy, Nature, vol. 1(7), pages 1-9, July.
    15. Zheng, Menglian & Meinrenken, Christoph J. & Lackner, Klaus S., 2014. "Agent-based model for electricity consumption and storage to evaluate economic viability of tariff arbitrage for residential sector demand response," Applied Energy, Elsevier, vol. 126(C), pages 297-306.
    16. Holger C. Hesse & Rodrigo Martins & Petr Musilek & Maik Naumann & Cong Nam Truong & Andreas Jossen, 2017. "Economic Optimization of Component Sizing for Residential Battery Storage Systems," Energies, MDPI, vol. 10(7), pages 1-19, June.
    17. Parra, David & Patel, Martin K., 2019. "The nature of combining energy storage applications for residential battery technology," Applied Energy, Elsevier, vol. 239(C), pages 1343-1355.
    18. Robert L. Fares & Michael E. Webber, 2017. "The impacts of storing solar energy in the home to reduce reliance on the utility," Nature Energy, Nature, vol. 2(2), pages 1-10, February.
    19. Claire S. H. Lim & Ali Yurukoglu, 2018. "Dynamic Natural Monopoly Regulation: Time Inconsistency, Moral Hazard, and Political Environments," Journal of Political Economy, University of Chicago Press, vol. 126(1), pages 263-312.
    20. Barbour, Edward & González, Marta C., 2018. "Projecting battery adoption in the prosumer era," Applied Energy, Elsevier, vol. 215(C), pages 356-370.
    21. Santos, João M. & Moura, Pedro S. & Almeida, Aníbal T. de, 2014. "Technical and economic impact of residential electricity storage at local and grid level for Portugal," Applied Energy, Elsevier, vol. 128(C), pages 254-264.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alsagri, Ali Sulaiman & Alrobaian, Abdulrahman A. & Nejlaoui, Mohamed, 2021. "Techno-economic evaluation of an off-grid health clinic considering the current and future energy challenges: A rural case study," Renewable Energy, Elsevier, vol. 169(C), pages 34-52.
    2. Liu, Junhong & Long, Qinfei & Liu, Rong-Peng & Liu, Wenjie & Hou, Yunhe, 2023. "Online distributed optimization for spatio-temporally constrained real-time peer-to-peer energy trading," Applied Energy, Elsevier, vol. 331(C).
    3. Rinaldi, Arthur & Soini, Martin Christoph & Streicher, Kai & Patel, Martin K. & Parra, David, 2021. "Decarbonising heat with optimal PV and storage investments: A detailed sector coupling modelling framework with flexible heat pump operation," Applied Energy, Elsevier, vol. 282(PB).
    4. Alejandro Pena-Bello & Edward Barbour & Marta C. Gonzalez & Selin Yilmaz & Martin K. Patel & David Parra, 2020. "How Does the Electricity Demand Profile Impact the Attractiveness of PV-Coupled Battery Systems Combining Applications?," Energies, MDPI, vol. 13(15), pages 1-19, August.
    5. Parra, David & Mauger, Romain, 2022. "A new dawn for energy storage: An interdisciplinary legal and techno-economic analysis of the new EU legal framework," Energy Policy, Elsevier, vol. 171(C).
    6. Hahnel, Ulf J.J. & Herberz, Mario & Pena-Bello, Alejandro & Parra, David & Brosch, Tobias, 2020. "Becoming prosumer: Revealing trading preferences and decision-making strategies in peer-to-peer energy communities," Energy Policy, Elsevier, vol. 137(C).
    7. Beuse, Martin & Dirksmeier, Mathias & Steffen, Bjarne & Schmidt, Tobias S., 2020. "Profitability of commercial and industrial photovoltaics and battery projects in South-East-Asia," Applied Energy, Elsevier, vol. 271(C).
    8. Tan, Peng & Xiao, Xu & Dai, Yawen & Cheng, Chun & Ni, Meng, 2020. "Photo-assisted non-aqueous lithium-oxygen batteries: Progress and prospects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    9. Toopshekan, Ashkan & Yousefi, Hossein & Astaraei, Fatemeh Razi, 2020. "Technical, economic, and performance analysis of a hybrid energy system using a novel dispatch strategy," Energy, Elsevier, vol. 213(C).
    10. DiOrio, Nicholas & Denholm, Paul & Hobbs, William B., 2020. "A model for evaluating the configuration and dispatch of PV plus battery power plants," Applied Energy, Elsevier, vol. 262(C).
    11. Wu, Yaling & Liu, Zhongbing & Liu, Jiangyang & Xiao, Hui & Liu, Ruimiao & Zhang, Ling, 2022. "Optimal battery capacity of grid-connected PV-battery systems considering battery degradation," Renewable Energy, Elsevier, vol. 181(C), pages 10-23.
    12. Toopshekan, Ashkan & Ahmadi, Esmaeil & Abedian, Ali & Vaziri Rad, Mohammad Amin, 2024. "Techno-economic analysis, optimization, and dispatch strategy development for renewable energy systems equipped with Internet of Things technology," Energy, Elsevier, vol. 296(C).
    13. Dong, Siyuan & Kremers, Enrique & Brucoli, Maria & Rothman, Rachael & Brown, Solomon, 2020. "Improving the feasibility of household and community energy storage: A techno-enviro-economic study for the UK," Renewable and Sustainable Energy Reviews, Elsevier, vol. 131(C).
    14. Ayuso, Pablo & Beltran, Hector & Segarra-Tamarit, Jorge & Pérez, Emilio, 2021. "Optimized profitability of LFP and NMC Li-ion batteries in residential PV applications," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 183(C), pages 97-115.
    15. Zhou, Yuekuan, 2023. "Sustainable energy sharing districts with electrochemical battery degradation in design, planning, operation and multi-objective optimisation," Renewable Energy, Elsevier, vol. 202(C), pages 1324-1341.
    16. Seyedhossein, Seyed Saeed & Moeini-Aghtaie, Moein, 2022. "Risk management framework of peer-to-peer electricity markets," Energy, Elsevier, vol. 261(PB).
    17. Antonio Ocana-Miguel & Jose R. Andres-Diaz & Enrique Navarrete-de Galvez & Alfonso Gago-Calderon, 2021. "Adaptation of an Insulated Centralized Photovoltaic Outdoor Lighting Installation with Electronic Control System to Improve Service Guarantee in Tropical Latitudes," Sustainability, MDPI, vol. 13(4), pages 1-19, February.
    18. Pena-Bello, Alejandro & Junod, Robin & Ballif, Christophe & Wyrsch, Nicolas, 2023. "Balancing DSO interests and PV system economics with alternative tariffs," Energy Policy, Elsevier, vol. 183(C).
    19. Gupta, Ruchi & Pena-Bello, Alejandro & Streicher, Kai Nino & Roduner, Cattia & Farhat, Yamshid & Thöni, David & Patel, Martin Kumar & Parra, David, 2021. "Spatial analysis of distribution grid capacity and costs to enable massive deployment of PV, electric mobility and electric heating," Applied Energy, Elsevier, vol. 287(C).
    20. Chen, Xiao & Zanocco, Chad & Flora, June & Rajagopal, Ram, 2022. "Constructing dynamic residential energy lifestyles using Latent Dirichlet Allocation," Applied Energy, Elsevier, vol. 318(C).
    21. Agnieszka Żelazna & Justyna Gołębiowska & Agata Zdyb & Artur Pawłowski, 2020. "A Hybrid vs. On-Grid Photovoltaic System: Multicriteria Analysis of Environmental, Economic, and Technical Aspects in Life Cycle Perspective," Energies, MDPI, vol. 13(15), pages 1-16, August.
    22. Vaziri Rad, Mohammad Amin & Toopshekan, Ashkan & Rahdan, Parisa & Kasaeian, Alibakhsh & Mahian, Omid, 2020. "A comprehensive study of techno-economic and environmental features of different solar tracking systems for residential photovoltaic installations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 129(C).
    23. Toopshekan, Ashkan & Abedian, Ali & Azizi, Arian & Ahmadi, Esmaeil & Vaziri Rad, Mohammad Amin, 2023. "Optimization of a CHP system using a forecasting dispatch and teaching-learning-based optimization algorithm," Energy, Elsevier, vol. 285(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Parra, David & Patel, Martin K., 2019. "The nature of combining energy storage applications for residential battery technology," Applied Energy, Elsevier, vol. 239(C), pages 1343-1355.
    2. Mulleriyawage, U.G.K. & Shen, W.X., 2020. "Optimally sizing of battery energy storage capacity by operational optimization of residential PV-Battery systems: An Australian household case study," Renewable Energy, Elsevier, vol. 160(C), pages 852-864.
    3. Schopfer, S. & Tiefenbeck, V. & Staake, T., 2018. "Economic assessment of photovoltaic battery systems based on household load profiles," Applied Energy, Elsevier, vol. 223(C), pages 229-248.
    4. Azuatalam, Donald & Paridari, Kaveh & Ma, Yiju & Förstl, Markus & Chapman, Archie C. & Verbič, Gregor, 2019. "Energy management of small-scale PV-battery systems: A systematic review considering practical implementation, computational requirements, quality of input data and battery degradation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 555-570.
    5. Zhang, Yijie & Ma, Tao & Yang, Hongxing, 2022. "Grid-connected photovoltaic battery systems: A comprehensive review and perspectives," Applied Energy, Elsevier, vol. 328(C).
    6. Federica Cucchiella & Idiano D’Adamo & Massimo Gastaldi & Vincenzo Stornelli, 2018. "Solar Photovoltaic Panels Combined with Energy Storage in a Residential Building: An Economic Analysis," Sustainability, MDPI, vol. 10(9), pages 1-29, August.
    7. Federica Cucchiella & Idiano D’Adamo & Massimo Gastaldi, 2017. "The Economic Feasibility of Residential Energy Storage Combined with PV Panels: The Role of Subsidies in Italy," Energies, MDPI, vol. 10(9), pages 1-18, September.
    8. Barbour, Edward & González, Marta C., 2018. "Projecting battery adoption in the prosumer era," Applied Energy, Elsevier, vol. 215(C), pages 356-370.
    9. Khezri, Rahmat & Mahmoudi, Amin & Aki, Hirohisa, 2022. "Optimal planning of solar photovoltaic and battery storage systems for grid-connected residential sector: Review, challenges and new perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    10. Beuse, Martin & Dirksmeier, Mathias & Steffen, Bjarne & Schmidt, Tobias S., 2020. "Profitability of commercial and industrial photovoltaics and battery projects in South-East-Asia," Applied Energy, Elsevier, vol. 271(C).
    11. Mulleriyawage, U.G.K. & Shen, W.X., 2021. "Impact of demand side management on optimal sizing of residential battery energy storage system," Renewable Energy, Elsevier, vol. 172(C), pages 1250-1266.
    12. Nina Munzke & Felix Büchle & Anna Smith & Marc Hiller, 2021. "Influence of Efficiency, Aging and Charging Strategy on the Economic Viability and Dimensioning of Photovoltaic Home Storage Systems," Energies, MDPI, vol. 14(22), pages 1-46, November.
    13. Bruno Domenech & Gema Calleja & Jordi Olivella, 2021. "Residential Photovoltaic Profitability with Storage under the New Spanish Regulation: A Multi-Scenario Analysis," Energies, MDPI, vol. 14(7), pages 1-17, April.
    14. Alejandro Pena-Bello & Edward Barbour & Marta C. Gonzalez & Selin Yilmaz & Martin K. Patel & David Parra, 2020. "How Does the Electricity Demand Profile Impact the Attractiveness of PV-Coupled Battery Systems Combining Applications?," Energies, MDPI, vol. 13(15), pages 1-19, August.
    15. Lucas Deotti & Wanessa Guedes & Bruno Dias & Tiago Soares, 2020. "Technical and Economic Analysis of Battery Storage for Residential Solar Photovoltaic Systems in the Brazilian Regulatory Context," Energies, MDPI, vol. 13(24), pages 1-30, December.
    16. Han, Xuejiao & Garrison, Jared & Hug, Gabriela, 2022. "Techno-economic analysis of PV-battery systems in Switzerland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
    17. O'Shaughnessy, Eric & Cutler, Dylan & Ardani, Kristen & Margolis, Robert, 2018. "Solar plus: A review of the end-user economics of solar PV integration with storage and load control in residential buildings," Applied Energy, Elsevier, vol. 228(C), pages 2165-2175.
    18. Schram, Wouter L. & Lampropoulos, Ioannis & van Sark, Wilfried G.J.H.M., 2018. "Photovoltaic systems coupled with batteries that are optimally sized for household self-consumption: Assessment of peak shaving potential," Applied Energy, Elsevier, vol. 223(C), pages 69-81.
    19. Sofiane Kichou & Nikolaos Skandalos & Petr Wolf, 2020. "Evaluation of Photovoltaic and Battery Storage Effects on the Load Matching Indicators Based on Real Monitored Data," Energies, MDPI, vol. 13(11), pages 1-20, May.
    20. Freitas Gomes, Icaro Silvestre & Perez, Yannick & Suomalainen, Emilia, 2020. "Coupling small batteries and PV generation: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 126(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:112:y:2019:i:c:p:978-990. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.