Techno-Economic Assessment of PV-Coupled Battery Energy Storage Systems with Different Sizing Methodologies

Tom Terlouw, Tarek Alskaif, Christian Bauer

Research output: Chapter in Book/Report/Conference proceedingConference paperAcademicpeer-review

3 Citations (Scopus)

Abstract

Photovoltaics (PV)-coupled battery energy storage systems (BESSs) are becoming more popular due to the reduction of BESS costs as well as the decreased remuneration of PV grid injection over the last few years. This paper compares the techno-economic system performance of two sizing approaches of PV-coupled BESSs - using mixed integer linear programming - for a case study in the Netherlands. The first approach uses a static sizing methodology to size the BESS based on the daily PV grid injection. While the second approach considers the BESS energy and power capacity as decision variables in an optimization problem to optimally size the BESS. The results demonstrate that the total costs can be reduced by 41% with our second approach - when the BESS is optimally sized considering annual demand and generation profiles.

Original languageEnglish
Title of host publication2021 IEEE Madrid PowerTech, PowerTech 2021 - Conference Proceedings
PublisherIEEE
ISBN (Electronic)9781665435970
DOIs
Publication statusPublished - 28 Jun 2021
Event2021 IEEE Madrid PowerTech, PowerTech 2021 - Madrid, Spain
Duration: 28 Jun 20212 Jul 2021

Publication series

Name2021 IEEE Madrid PowerTech, PowerTech 2021 - Conference Proceedings

Conference

Conference2021 IEEE Madrid PowerTech, PowerTech 2021
Country/TerritorySpain
CityMadrid
Period28/06/212/07/21

Keywords

  • Batteries
  • Optimal sizing
  • PV
  • Techno-economic assessment

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