IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i4p1062-d501232.html
   My bibliography  Save this article

Investigation into Sizing Photovoltaic with Energy Storage for Off-Grid Transactive Scenarios

Author

Listed:
  • David Vance

    (Bredesen Center for Interdisciplinary Research, University of Tennessee Knoxville, Knoxville, TN 37996, USA)

  • Ali Razban

    (Department of Mechanical and Energy Engineering, Indiana University—Purdue University Indianapolis, Indianapolis, IN 46202, USA)

  • Peter Schubert

    (Department of Electrical and Computer Engineering, Indiana University—Purdue University Indianapolis, Indianapolis, IN 46202, USA)

  • Robert Weissbach

    (Department of Engineering Technology, Indiana University—Purdue University Indianapolis, Indianapolis, IN 46202, USA)

Abstract

In this study, a novel sizing methodology was developed for centralized and interconnected operating strategies of transactive microgrids and several variables were investigated including starting month, initial charge of battery, load variability, unit cost of solar panels and energy storage, number of systems, climate, and required reliability to determine their effect on total cost. The centralized strategy improved cost by seven to ten percent compared to the isolated strategy in every case. The interconnected strategy saved an incremental amount of money consistently compared to the isolated standard. The number of connected systems was not a strong effect. It was thought that increasing the number of systems would increase the benefit of energy sharing. Climate zones studied (“Cold”; “Hot-Dry/Mixed Dry”; “Mixed Humid”; and “Cold but with lower solar irradiation”) showed a large variation on cost with the Hot-Dry/Mixed Dry being the least expensive and Cold, with lower solar irradiation being the most expensive. Cost sensitivity analysis was performed showing that the unit cost of solar has a greater effect on the total cost. Required reliability of power, measured in outage hours, exhibited an inverse relation with cost.

Suggested Citation

  • David Vance & Ali Razban & Peter Schubert & Robert Weissbach, 2021. "Investigation into Sizing Photovoltaic with Energy Storage for Off-Grid Transactive Scenarios," Energies, MDPI, vol. 14(4), pages 1-26, February.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:4:p:1062-:d:501232
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/4/1062/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/14/4/1062/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Diaf, S. & Notton, G. & Belhamel, M. & Haddadi, M. & Louche, A., 2008. "Design and techno-economical optimization for hybrid PV/wind system under various meteorological conditions," Applied Energy, Elsevier, vol. 85(10), pages 968-987, October.
    2. Hittinger, Eric & Siddiqui, Jawad, 2017. "The challenging economics of US residential grid defection," Utilities Policy, Elsevier, vol. 45(C), pages 27-35.
    3. Ibrahim Alsaidan & Abdulaziz Alanazi & Wenzhong Gao & Hongyu Wu & Amin Khodaei, 2017. "State-Of-The-Art in Microgrid-Integrated Distributed Energy Storage Sizing," Energies, MDPI, vol. 10(9), pages 1-14, September.
    4. Kaundinya, Deepak Paramashivan & Balachandra, P. & Ravindranath, N.H., 2009. "Grid-connected versus stand-alone energy systems for decentralized power--A review of literature," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2041-2050, October.
    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. Enas Taha Sayed & Abdul Ghani Olabi & Abdul Hai Alami & Ali Radwan & Ayman Mdallal & Ahmed Rezk & Mohammad Ali Abdelkareem, 2023. "Renewable Energy and Energy Storage Systems," Energies, MDPI, vol. 16(3), pages 1-26, February.

    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. Weinand, Jann Michael & Scheller, Fabian & McKenna, Russell, 2020. "Reviewing energy system modelling of decentralized energy autonomy," Energy, Elsevier, vol. 203(C).
    2. Nallapaneni Manoj Kumar & Aneesh A. Chand & Maria Malvoni & Kushal A. Prasad & Kabir A. Mamun & F.R. Islam & Shauhrat S. Chopra, 2020. "Distributed Energy Resources and the Application of AI, IoT, and Blockchain in Smart Grids," Energies, MDPI, vol. 13(21), pages 1-42, November.
    3. Antoine Boche & Clément Foucher & Luiz Fernando Lavado Villa, 2022. "Understanding Microgrid Sustainability: A Systemic and Comprehensive Review," Energies, MDPI, vol. 15(8), pages 1-29, April.
    4. Hossain, Md. Faruque, 2017. "Green science: Independent building technology to mitigate energy, environment, and climate change," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 695-705.
    5. Ohijeagbon, O.D. & Ajayi, Oluseyi O., 2015. "Solar regime and LVOE of PV embedded generation systems in Nigeria," Renewable Energy, Elsevier, vol. 78(C), pages 226-235.
    6. Lan, Hai & Wen, Shuli & Hong, Ying-Yi & Yu, David C. & Zhang, Lijun, 2015. "Optimal sizing of hybrid PV/diesel/battery in ship power system," Applied Energy, Elsevier, vol. 158(C), pages 26-34.
    7. Velo, R. & Osorio, L. & Fernández, M.D. & Rodríguez, M.R., 2014. "An economic analysis of a stand-alone and grid-connected cattle farm," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 883-890.
    8. Jaszczur, Marek & Hassan, Qusay & Palej, Patryk & Abdulateef, Jasim, 2020. "Multi-Objective optimisation of a micro-grid hybrid power system for household application," Energy, Elsevier, vol. 202(C).
    9. Ahlborg, Helene & Hammar, Linus, 2014. "Drivers and barriers to rural electrification in Tanzania and Mozambique – Grid-extension, off-grid, and renewable energy technologies," Renewable Energy, Elsevier, vol. 61(C), pages 117-124.
    10. Choragudi, Sravanthi, 2013. "Off-grid solar lighting systems: A way align India's sustainable and inclusive development goals," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 890-899.
    11. 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.
    12. Yu-Cheol Jeong & Eul-Bum Lee & Douglas Alleman, 2019. "Reducing Voltage Volatility with Step Voltage Regulators: A Life-Cycle Cost Analysis of Korean Solar Photovoltaic Distributed Generation," Energies, MDPI, vol. 12(4), pages 1-16, February.
    13. Thopil, George Alex & Sachse, Christiaan Eddie & Lalk, Jörg & Thopil, Miriam Sara, 2020. "Techno-economic performance comparison of crystalline and thin film PV panels under varying meteorological conditions: A high solar resource southern hemisphere case," Applied Energy, Elsevier, vol. 275(C).
    14. Rawat, Rahul & Kaushik, S.C. & Lamba, Ravita, 2016. "A review on modeling, design methodology and size optimization of photovoltaic based water pumping, standalone and grid connected system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1506-1519.
    15. Wang, Gang & Zhang, Zhen & Lin, Jianqing, 2024. "Multi-energy complementary power systems based on solar energy: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 199(C).
    16. Kirchner-Bossi, N. & Prieto, L. & García-Herrera, R. & Carro-Calvo, L. & Salcedo-Sanz, S., 2013. "Multi-decadal variability in a centennial reconstruction of daily wind," Applied Energy, Elsevier, vol. 105(C), pages 30-46.
    17. Gioutsos, Dean Marcus & Blok, Kornelis & van Velzen, Leonore & Moorman, Sjoerd, 2018. "Cost-optimal electricity systems with increasing renewable energy penetration for islands across the globe," Applied Energy, Elsevier, vol. 226(C), pages 437-449.
    18. Levin, Todd & Thomas, Valerie M., 2012. "Least-cost network evaluation of centralized and decentralized contributions to global electrification," Energy Policy, Elsevier, vol. 41(C), pages 286-302.
    19. Harrington, Elise & Athavankar, Ameya & Hsu, David, 2020. "Variation in rural household energy transitions for basic lighting in India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    20. Weinand, Jann & Scheller, Fabian Johannes & McKenna, Russell, 2020. "Reviewing energy system modelling of decentralized energy autonomy," Working Paper Series in Production and Energy 41, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).

    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:4:p:1062-:d:501232. 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.