IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i21p6904-d661345.html
   My bibliography  Save this article

Significant Increase in Fuel Efficiency of Diesel Generators with Lithium-Ion Batteries Documented by Economic Analysis

Author

Listed:
  • Vedat Kiray

    (Energy Management Program, Vistula University, 02-787 Warsaw, Poland)

  • Mehmet Orhan

    (Department of Economics, Finance & Healthcare Administration, Langdale College of Business Administration, Valdosta State University, Valdosta, GA 31698, USA)

  • John Nwankwo Chijioke

    (Electrical and Electronics Engineering Department, Nile University of Nigeria, Abuja 900001, Nigeria)

Abstract

As the global diesel generator market grows and generators gain wider use, various methods are being developed to increase their energy efficiency. One of these methods entails integrating a Li-ion battery with diesel generators (DGs). This method did not attract attention until recently because it was economically unappealing. A significant decrease in the price of Li-ion batteries in recent years has made hybrid diesel generator/Li-ion battery systems more viable. We present a model-based economic analysis of a hybrid DG/Li-ion battery system with the aim of increasing the energy efficiency of diesel power generators. Special blocks were developed for calculations and comparisons with a MATLAB Simulink model, including 457 kW DG operating modes with/without a Li-ion battery. We simulated the system in order to calculate the conditions required to achieve savings in fuel and the level of savings, in addition to the payback time of the Li-ion battery. Furthermore, we present the additional savings gained by postponing the investment in a new diesel generator thanks to the Li-ion battery. Based on our findings, the payback period of the Li-ion battery system varies between 2.5 and 4 years. According to our 12-year economic analysis, the cost savings resulting from postponing new investments can reach 40% of the profit gained from the savings during such a period.

Suggested Citation

  • Vedat Kiray & Mehmet Orhan & John Nwankwo Chijioke, 2021. "Significant Increase in Fuel Efficiency of Diesel Generators with Lithium-Ion Batteries Documented by Economic Analysis," Energies, MDPI, vol. 14(21), pages 1-21, October.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:21:p:6904-:d:661345
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/21/6904/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/21/6904/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ali Saleh Aziz & Mohammad Faridun Naim Tajuddin & Mohd Rafi Adzman & Makbul A. M. Ramli & Saad Mekhilef, 2019. "Energy Management and Optimization of a PV/Diesel/Battery Hybrid Energy System Using a Combined Dispatch Strategy," Sustainability, MDPI, vol. 11(3), pages 1-26, January.
    2. Rehman, Shafiqur & Al-Hadhrami, Luai M., 2010. "Study of a solar PV–diesel–battery hybrid power system for a remotely located population near Rafha, Saudi Arabia," Energy, Elsevier, vol. 35(12), pages 4986-4995.
    3. Yilmaz, Saban & Dincer, Furkan, 2017. "Optimal design of hybrid PV-Diesel-Battery systems for isolated lands: A case study for Kilis, Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 344-352.
    4. Arun, P. & Banerjee, Rangan & Bandyopadhyay, Santanu, 2008. "Optimum sizing of battery-integrated diesel generator for remote electrification through design-space approach," Energy, Elsevier, vol. 33(7), pages 1155-1168.
    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. Maria Torres-Falcon & Omar Rodríguez-Abreo & Francisco Antonio Castillo-Velásquez & Alejandro Flores-Rangel & Juvenal Rodríguez-Reséndiz & José Manuel Álvarez-Alvarado, 2021. "Novel Mathematical Method to Obtain the Optimum Speed and Fuel Reduction in Heavy Diesel Trucks," Energies, MDPI, vol. 14(23), pages 1-17, December.
    2. Alex Felice & Jacopo Barbieri & Ander Martinez Alonso & Maarten Messagie & Thierry Coosemans, 2023. "Challenges of Phasing out Emergency Diesel Generators: The Case Study of Lacor Hospital’s Energy Community," Energies, MDPI, vol. 16(3), pages 1-15, January.

    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. Das, Barun K. & Al-Abdeli, Yasir M. & Woolridge, Matthew, 2019. "Effects of battery technology and load scalability on stand-alone PV/ICE hybrid micro-grid system performance," Energy, Elsevier, vol. 168(C), pages 57-69.
    2. Díaz, P. & Peña, R. & Muñoz, J. & Arias, C.A. & Sandoval, D., 2011. "Field analysis of solar PV-based collective systems for rural electrification," Energy, Elsevier, vol. 36(5), pages 2509-2516.
    3. 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).
    4. William López-Castrillón & Héctor H. Sepúlveda & Cristian Mattar, 2021. "Off-Grid Hybrid Electrical Generation Systems in Remote Communities: Trends and Characteristics in Sustainability Solutions," Sustainability, MDPI, vol. 13(11), pages 1-29, May.
    5. 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).
    6. Ma, Qian & Huang, Xiang & Wang, Feng & Xu, Chao & Babaei, Reza & Ahmadian, Hossein, 2022. "Optimal sizing and feasibility analysis of grid-isolated renewable hybrid microgrids: Effects of energy management controllers," Energy, Elsevier, vol. 240(C).
    7. Li, Chong & Zhou, Dequn & Wang, Hui & Cheng, Huanbo & Li, Dongdong, 2019. "Feasibility assessment of a hybrid PV/diesel/battery power system for a housing estate in the severe cold zone—A case study of Harbin, China," Energy, Elsevier, vol. 185(C), pages 671-681.
    8. Bajpai, Prabodh & Dash, Vaishalee, 2012. "Hybrid renewable energy systems for power generation in stand-alone applications: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(5), pages 2926-2939.
    9. Altun, Ayse Fidan & Kilic, Muhsin, 2020. "Design and performance evaluation based on economics and environmental impact of a PV-wind-diesel and battery standalone power system for various climates in Turkey," Renewable Energy, Elsevier, vol. 157(C), pages 424-443.
    10. Harajli, H. & Kabakian, V. & El-Baba, J. & Diab, A. & Nassab, C., 2020. "Commercial-scale hybrid solar photovoltaic - diesel systems in select Arab countries with weak grids: An integrated appraisal," Energy Policy, Elsevier, vol. 137(C).
    11. Soudan, Bassel & Darya, Abdollah, 2020. "Autonomous smart switching control for off-grid hybrid PV/battery/diesel power system," Energy, Elsevier, vol. 211(C).
    12. Jiaxin Lu & Weijun Wang & Yingchao Zhang & Song Cheng, 2017. "Multi-Objective Optimal Design of Stand-Alone Hybrid Energy System Using Entropy Weight Method Based on HOMER," Energies, MDPI, vol. 10(10), pages 1-17, October.
    13. Chih-Ta Tsai & Teketay Mulu Beza & Wei-Bin Wu & Cheng-Chien Kuo, 2019. "Optimal Configuration with Capacity Analysis of a Hybrid Renewable Energy and Storage System for an Island Application," Energies, MDPI, vol. 13(1), pages 1-28, December.
    14. Singh, Bharat & Kumar, Ashwani, 2023. "Optimal energy management and feasibility analysis of hybrid renewable energy sources with BESS and impact of electric vehicle load with demand response program," Energy, Elsevier, vol. 278(PA).
    15. Das, Himadry Shekhar & Yatim, A.H.M. & Tan, Chee Wei & Lau, Kwan Yiew, 2016. "Proposition of a PV/tidal powered micro-hydro and diesel hybrid system: A southern Bangladesh focus," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 1137-1148.
    16. Alsharif, Mohammed H. & Nordin, Rosdiadee & Ismail, Mahamod, 2016. "Green wireless network optimisation strategies within smart grid environments for Long Term Evolution (LTE) cellular networks in Malaysia," Renewable Energy, Elsevier, vol. 85(C), pages 157-170.
    17. Muhammad Bilal Ali & Syed Ali Abbas Kazmi & Abdullah Altamimi & Zafar A. Khan & Mohammed A. Alghassab, 2023. "Decarbonizing Telecommunication Sector: Techno-Economic Assessment and Optimization of PV Integration in Base Transceiver Stations in Telecom Sector Spreading across Various Geographically Regions," Energies, MDPI, vol. 16(9), pages 1-34, April.
    18. Mohamed Ali Zdiri & Tawfik Guesmi & Badr M. Alshammari & Khalid Alqunun & Abdulaziz Almalaq & Fatma Ben Salem & Hsan Hadj Abdallah & Ahmed Toumi, 2022. "Design and Analysis of Sliding-Mode Artificial Neural Network Control Strategy for Hybrid PV-Battery-Supercapacitor System," Energies, MDPI, vol. 15(11), pages 1-20, June.
    19. Miloud Rezkallah & Sanjeev Singh & Ambrish Chandra & Bhim Singh & Hussein Ibrahim, 2020. "Off-Grid System Configurations for Coordinated Control of Renewable Energy Sources," Energies, MDPI, vol. 13(18), pages 1-25, September.
    20. Bahramara, S. & Moghaddam, M. Parsa & Haghifam, M.R., 2016. "Optimal planning of hybrid renewable energy systems using HOMER: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 609-620.

    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:gam:jeners:v:14:y:2021:i:21:p:6904-:d:661345. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.