Economic feasibility of battery energy storage systems for replacing peak power plants for commercial consumers under energy time of use tariffs

Martinez-Bolanos, Julio Romel; Udaeta, Miguel Edgar Morales; Gimenes, André Luiz Veiga; Silva, Vinícius

doi:10.1016/j.est.2020.101373

“…For practical application of the methodology proposed in the study, the case study considers two load profiles; a residential consumer located in the city of Abuja in Nigeria (ECN, 2013) and a commercial consumer located in the city of Campinas in Brazil (Martinez-Bolanos et al, 2020). Fig.…”

Section: Case Studymentioning

confidence: 99%

“….4/0.14 USD/kWh were obtained from(SINAPSIS, 2016) and(Martinez-Bolanos et al, 2020) respectively. Other financial values used are presented in Table1.…”

mentioning

confidence: 99%

An Optimal Methodology for Sizing and Selection of Battery Energy Storage System in Standalone Solar Pv Systems / Uma Metodologia Ótima Para O Dimensionamento E Seleção Do Sistema De Armazenamento De Energia De Bateria Em Sistemas Solares Fotovoltaicos Autônomos

Abubakar

¹

,

Almeida

²

,

Gemignani

³

2021

BJD

0

View full text Add to dashboard Cite

This paper presents a two-step cost-based method of optimally sizing and selecting BESS in standalone solar PV system applications considering predicted solar radiation data and economic performance (BESS cost analysis). The methodology is basically divided into two distinct parts; the first part is the sizing process and the second part is the selection process. In the first part, several BESS sizes suitable for a particular standalone PV system are determined using energy deficit and supply interruption outcomes of a PV system simulation with predicted hourly solar radiation series, hourly load demand and battery storage capacity as simulation parameters. In the second step, the economic performance of the determined BESS sizes is evaluated through a cost analysis process where two financial metrics; net present value (NPV) and payback period (PBP), are utilized. This step is necessary in order to ascertain the investment risks and benefits of the BESS sizes. To test its adequacy, the methodology was applied to two case studies; a residential load and a commercial load, and the results obtained for both case studies suggests that combining BESS sizing using predicted solar radiation data and BESS selection

show abstract

“…The PV-diesel-battery microgrid used in the simulation is composed of one genset of 24 kW rated power, assumed to run on cycle charging mode with a setpoint state of charge of 85%, it means that the genset does not stop charging the battery bank until it reaches 85% state of charge (SOC), [57][58][59] and one battery bank of 9000 Ah × 48 V (432 kWh), designed to provide a minimum autonomy of 48 h for the system as established by the Brazilian electricity standards [55].…”

Section: Simulation Approachmentioning

confidence: 99%

Performance Analysis of Topologies for Autonomous Hybrid Microgrids in Remote Non-Interconnected Communities in the Amazon Region

Martinez-Bolanos

¹

,

Silva

²

,

Zucchi

³

et al. 2020

View full text Add to dashboard Cite

This work presents a detailed comparative analysis of dispersed versus centralized Alternating Current (AC)-coupling topologies and AC-coupling versus Direct Current (DC)-coupling topologies in autonomous Photovoltaic (PV)-diesel-battery microgrids for remote/isolated communities in the Brazilian Amazon region. The comparison concerned the power losses occurring in power conversion devices and in a low-voltage distribution network by using the balance-of-system (BOS) efficiency as a performance index. The analyses were performed by an analytical approach and by detailed computer simulations in MATLAB/Simulink software. Based on the matching factor (MF), the gain obtained in BOS efficiency is 1.5% for low values of the MF, and for high values of the MF, the centralized topology has the same BOS efficiency as the dispersed topology. In conclusion, this factor proved to be useful as a design parameter for selecting the optimal topology of a PV-diesel-battery microgrid.

show abstract

“…For the cost evaluation, an analysis period of 15 years (lithium ion battery lifecycle (Mongird et al, 2019)) and interest rate of 7.5% (DiOrio, Dobos and Janzou, 2015) were considered. Interruption cost of 5.36 USD/kWhint and tariff peak/off-peak cost of 0.4/0.14 USD/kWh were obtained from (SINAPSIS, 2016) and (Martinez-Bolanos et al, 2020) respectively. Other financial values used are presented in Table 1.…”

Section: System Configurationmentioning

confidence: 99%

An Optimal Methodology for Sizing and Selection of Battery Energy Storage System in Standalone Solar PV Systems

Abubakar

¹

,

Almeida

²

2020

Anais Do Congresso Brasileiro De Automática 2020

0

View full text Add to dashboard Cite

This paper presents a two-step cost-based method of optimally sizing and selecting BESS in standalone solar PV system applications considering predicted solar radiation data and economic performance (BESS cost analysis). The methodology is basically divided into two distinct parts; the first part is the sizing process and the second part is the selection process. In the first part, several BESS sizes suitable for a particular standalone PV system are determined using energy deficit and supply interruption outcomes of a PV system simulation with predicted hourly solar radiation series, hourly load demand and battery storage capacity as simulation parameters. In the second step, the economic performance of the determined BESS sizes is evaluated through a cost analysis process where two financial metrics; net present value (NPV) and payback period (PBP), are utilized. This step is necessary in order to ascertain the investment risks and benefits of the BESS sizes. To test its adequacy, the methodology was applied to two case studies; a residential load and a commercial load, and the results obtained for both case studies suggests that combining BESS sizing using predicted solar radiation data and BESS selection considering economic performance is an adequate process of incorporating BESS in standalone PV system applications.

show abstract

Economic feasibility of battery energy storage systems for replacing peak power plants for commercial consumers under energy time of use tariffs

Cited by 49 publications

References 41 publications

An Optimal Methodology for Sizing and Selection of Battery Energy Storage System in Standalone Solar Pv Systems / Uma Metodologia Ótima Para O Dimensionamento E Seleção Do Sistema De Armazenamento De Energia De Bateria Em Sistemas Solares Fotovoltaicos Autônomos

An Optimal Methodology for Sizing and Selection of Battery Energy Storage System in Standalone Solar Pv Systems / Uma Metodologia Ótima Para O Dimensionamento E Seleção Do Sistema De Armazenamento De Energia De Bateria Em Sistemas Solares Fotovoltaicos Autônomos

Performance Analysis of Topologies for Autonomous Hybrid Microgrids in Remote Non-Interconnected Communities in the Amazon Region

An Optimal Methodology for Sizing and Selection of Battery Energy Storage System in Standalone Solar PV Systems

Contact Info

Product

Resources

About