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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
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. Hittinger, Eric & Siddiqui, Jawad, 2017. "The challenging economics of US residential grid defection," Utilities Policy, Elsevier, vol. 45(C), pages 27-35.
    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.
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    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.

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