IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v269y2020ics0306261920306188.html
   My bibliography  Save this article

A techno-economic sizing method for grid-connected household photovoltaic battery systems

Author

Listed:
  • Zhang, Yijie
  • Ma, Tao
  • Elia Campana, Pietro
  • Yamaguchi, Yohei
  • Dai, Yanjun

Abstract

Battery storage provides an effective solution to alleviate the burden of the intermittent photovoltaic production on the grid and increase photovoltaic penetration in residential houses. Despite several existing work dedicated to the evaluation of photovoltaic battery system, the research on system sizing and operation strategy of the household system still has substantial areas to be explored such as techno-economic analysis under different electricity tariffs and comprehensive parametric analyses. In this paper, the mathematical model of a photovoltaic battery system is developed to investigate system performance, based on the various economic and technical indicators. This study demonstrates that the integration of battery energy storage could increase the value of self-consumption and self-sufficiency rates while making payback period longer. Substantial photovoltaic battery systems have been simulated under practical dynamic electricity tariffs in a typical electricity market. Eight cases with different technical performances from the recommended reference combinations are compared and studied in detail. The energy flows among photovoltaic, battery bank, grid and household user are discussed, revealing that systems with high self-sufficiency rate lead to more schedulable photovoltaic production, sold electricity and lower battery usage rate than those with high self-consumption rate. Besides, the entire lifecycle economic analysis indicates that a higher self-sufficiency rate refers to higher initial investment but shorter payback period and larger profit. The revenues breakdown of the cases shows that subsidies have a significant impact, especially for cases with high self-sufficiency rate. The levelized cost of electricity of photovoltaic and photovoltaic battery systems ranges from 0.373 to 0.628 CNY/kWh, demonstrating the possibility of partial grid parity under the current situation in Shanghai.

Suggested Citation

  • Zhang, Yijie & Ma, Tao & Elia Campana, Pietro & Yamaguchi, Yohei & Dai, Yanjun, 2020. "A techno-economic sizing method for grid-connected household photovoltaic battery systems," Applied Energy, Elsevier, vol. 269(C).
  • Handle: RePEc:eee:appene:v:269:y:2020:i:c:s0306261920306188
    DOI: 10.1016/j.apenergy.2020.115106
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261920306188
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.apenergy.2020.115106?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jinyue Yan & Ying Yang & Pietro Elia Campana & Jijiang He, 2019. "City-level analysis of subsidy-free solar photovoltaic electricity price, profits and grid parity in China," Nature Energy, Nature, vol. 4(8), pages 709-717, August.
    2. Talavera, D.L. & Muñoz-Rodriguez, F.J. & Jimenez-Castillo, G. & Rus-Casas, C., 2019. "A new approach to sizing the photovoltaic generator in self-consumption systems based on cost–competitiveness, maximizing direct self-consumption," Renewable Energy, Elsevier, vol. 130(C), pages 1021-1035.
    3. Ma, Tao & Yang, Hongxing & Lu, Lin & Peng, Jinqing, 2014. "Technical feasibility study on a standalone hybrid solar-wind system with pumped hydro storage for a remote island in Hong Kong," Renewable Energy, Elsevier, vol. 69(C), pages 7-15.
    4. Litjens, G.B.M.A. & Worrell, E. & van Sark, W.G.J.H.M., 2018. "Assessment of forecasting methods on performance of photovoltaic-battery systems," Applied Energy, Elsevier, vol. 221(C), pages 358-373.
    5. Javed, Muhammad Shahzad & Zhong, Dan & Ma, Tao & Song, Aotian & Ahmed, Salman, 2020. "Hybrid pumped hydro and battery storage for renewable energy based power supply system," Applied Energy, Elsevier, vol. 257(C).
    6. Lai, Chun Sing & McCulloch, Malcolm D., 2017. "Levelized cost of electricity for solar photovoltaic and electrical energy storage," Applied Energy, Elsevier, vol. 190(C), pages 191-203.
    7. Mulder, Grietus & Six, Daan & Claessens, Bert & Broes, Thijs & Omar, Noshin & Mierlo, Joeri Van, 2013. "The dimensioning of PV-battery systems depending on the incentive and selling price conditions," Applied Energy, Elsevier, vol. 111(C), pages 1126-1135.
    8. Schopfer, S. & Tiefenbeck, V. & Staake, T., 2018. "Economic assessment of photovoltaic battery systems based on household load profiles," Applied Energy, Elsevier, vol. 223(C), pages 229-248.
    9. Espinoza, R. & Muñoz-Cerón, E. & Aguilera, J. & de la Casa, J., 2019. "Feasibility evaluation of residential photovoltaic self-consumption projects in Peru," Renewable Energy, Elsevier, vol. 136(C), pages 414-427.
    10. Hua, Haochen & Qin, Yuchao & Hao, Chuantong & Cao, Junwei, 2019. "Optimal energy management strategies for energy Internet via deep reinforcement learning approach," Applied Energy, Elsevier, vol. 239(C), pages 598-609.
    11. Sani Hassan, Abubakar & Cipcigan, Liana & Jenkins, Nick, 2017. "Optimal battery storage operation for PV systems with tariff incentives," Applied Energy, Elsevier, vol. 203(C), pages 422-441.
    12. Cai, Jie & Zhang, Hao & Jin, Xing, 2019. "Aging-aware predictive control of PV-battery assets in buildings," Applied Energy, Elsevier, vol. 236(C), pages 478-488.
    13. Olaszi, Balint D. & Ladanyi, Jozsef, 2017. "Comparison of different discharge strategies of grid-connected residential PV systems with energy storage in perspective of optimal battery energy storage system sizing," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 710-718.
    14. Branker, K. & Pathak, M.J.M. & Pearce, J.M., 2011. "A review of solar photovoltaic levelized cost of electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4470-4482.
    15. Koskela, Juha & Rautiainen, Antti & Järventausta, Pertti, 2019. "Using electrical energy storage in residential buildings – Sizing of battery and photovoltaic panels based on electricity cost optimization," Applied Energy, Elsevier, vol. 239(C), pages 1175-1189.
    16. Terlouw, Tom & AlSkaif, Tarek & Bauer, Christian & van Sark, Wilfried, 2019. "Multi-objective optimization of energy arbitrage in community energy storage systems using different battery technologies," Applied Energy, Elsevier, vol. 239(C), pages 356-372.
    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. Shengyu Tao & Yiqiang Zhang & Meng Yuan & Ruixiang Zhang & Zhongyan Xu & Yaojie Sun, 2021. "Behavioral Economics Optimized Renewable Power Grid: A Case Study of Household Energy Storage," Energies, MDPI, vol. 14(14), pages 1-17, July.
    2. Nina Munzke & Felix Büchle & Anna Smith & Marc Hiller, 2021. "Influence of Efficiency, Aging and Charging Strategy on the Economic Viability and Dimensioning of Photovoltaic Home Storage Systems," Energies, MDPI, vol. 14(22), pages 1-46, November.
    3. Li, Zhenpeng & Ma, Tao, 2020. "Peer-to-peer electricity trading in grid-connected residential communities with household distributed photovoltaic," Applied Energy, Elsevier, vol. 278(C).
    4. Jamroen, Chaowanan & Fongkerd, Chanon & Krongpha, Wipa & Komkum, Preecha & Pirayawaraporn, Alongkorn & Chindakham, Nachaya, 2021. "A novel UV sensor-based dual-axis solar tracking system: Implementation and performance analysis," Applied Energy, Elsevier, vol. 299(C).
    5. Zhang, Yijie & Ma, Tao & Yang, Hongxing, 2022. "Grid-connected photovoltaic battery systems: A comprehensive review and perspectives," Applied Energy, Elsevier, vol. 328(C).
    6. Zhang, Yijie & Ma, Tao & Yang, Hongxing & Li, Zongyu & Wang, Yuhong, 2023. "Simulation and experimental study on the energy performance of a pre-fabricated photovoltaic pavement," Applied Energy, Elsevier, vol. 342(C).
    7. Ma, Tao & Guo, Zichang & Shen, Lu & Liu, Xing & Chen, Zhenwu & Zhou, Yong & Zhang, Xiaochun, 2021. "Performance modelling of photovoltaic modules under actual operating conditions considering loss mechanism and energy distribution," Applied Energy, Elsevier, vol. 298(C).
    8. Yazhou Zhao & Xiangxi Qin & Xiangyu Shi, 2022. "A Comprehensive Evaluation Model on Optimal Operational Schedules for Battery Energy Storage System by Maximizing Self-Consumption Strategy and Genetic Algorithm," Sustainability, MDPI, vol. 14(14), pages 1-34, July.
    9. Ma, Tao & Zhang, Yijie & Gu, Wenbo & Xiao, Gang & Yang, Hongxing & Wang, Shuxiao, 2022. "Strategy comparison and techno-economic evaluation of a grid-connected photovoltaic-battery system," Renewable Energy, Elsevier, vol. 197(C), pages 1049-1060.
    10. Muñoz-Rodríguez, Francisco José & Jiménez-Castillo, Gabino & de la Casa Hernández, Jesús & Aguilar Peña, Juan Domingo, 2021. "A new tool to analysing photovoltaic self-consumption systems with batteries," Renewable Energy, Elsevier, vol. 168(C), pages 1327-1343.
    11. Madurai Elavarasan, Rajvikram & Pugazhendhi, Rishi & Jamal, Taskin & Dyduch, Joanna & Arif, M.T. & Manoj Kumar, Nallapaneni & Shafiullah, GM & Chopra, Shauhrat S. & Nadarajah, Mithulananthan, 2021. "Envisioning the UN Sustainable Development Goals (SDGs) through the lens of energy sustainability (SDG 7) in the post-COVID-19 world," Applied Energy, Elsevier, vol. 292(C).
    12. Jurasz, Jakub & Piasecki, Adam & Hunt, Julian & Zheng, Wandong & Ma, Tao & Kies, Alexander, 2022. "Building integrated pumped-storage potential on a city scale: An analysis based on geographic information systems," Energy, Elsevier, vol. 242(C).
    13. Ma, Xun & Li, Ming & Peng, Ye & Sun, Linyao & Chen, Chuangye, 2022. "Development of thermo–electrical loss model for photovoltaic module with inhomogeneous temperature," Energy, Elsevier, vol. 248(C).
    14. Zheng, Likai & Xuan, Yimin, 2021. "Performance estimation of a V-shaped perovskite/silicon tandem device: A case study based on a bifacial heterojunction silicon cell," Applied Energy, Elsevier, vol. 301(C).
    15. Zou, Bin & Peng, Jinqing & Li, Sihui & Li, Yi & Yan, Jinyue & Yang, Hongxing, 2022. "Comparative study of the dynamic programming-based and rule-based operation strategies for grid-connected PV-battery systems of office buildings," Applied Energy, Elsevier, vol. 305(C).
    16. Song, Zhe & Cao, Sunliang & Yang, Hongxing, 2023. "Assessment of solar radiation resource and photovoltaic power potential across China based on optimized interpretable machine learning model and GIS-based approaches," Applied Energy, Elsevier, vol. 339(C).
    17. Chennaif, Mohammed & Maaouane, Mohamed & Zahboune, Hassan & Elhafyani, Mohammed & Zouggar, Smail, 2022. "Tri-objective techno-economic sizing optimization of Off-grid and On-grid renewable energy systems using Electric system Cascade Extended analysis and system Advisor Model," Applied Energy, Elsevier, vol. 305(C).
    18. Kang, Hyuna & Jung, Seunghoon & Kim, Hakpyeong & Hong, Juwon & Jeoung, Jaewon & Hong, Taehoon, 2023. "Multi-objective sizing and real-time scheduling of battery energy storage in energy-sharing community based on reinforcement learning," Renewable and Sustainable Energy Reviews, Elsevier, vol. 185(C).
    19. Shabani, Masoume & Wallin, Fredrik & Dahlquist, Erik & Yan, Jinyue, 2023. "The impact of battery operating management strategies on life cycle cost assessment in real power market for a grid-connected residential battery application," Energy, Elsevier, vol. 270(C).
    20. Zou, Bin & Peng, Jinqing & Yin, Rongxin & Li, Houpei & Li, Sihui & Yan, Jinyue & Yang, Hongxing, 2022. "Capacity configuration of distributed photovoltaic and battery system for office buildings considering uncertainties," Applied Energy, Elsevier, vol. 319(C).
    21. Shabani, Masoume & Wallin, Fredrik & Dahlquist, Erik & Yan, Jinyue, 2022. "Techno-economic assessment of battery storage integrated into a grid-connected and solar-powered residential building under different battery ageing models," Applied Energy, Elsevier, vol. 318(C).
    22. Zhou, Xinlei & Xue, Shan & Du, Han & Ma, Zhenjun, 2023. "Optimization of building demand flexibility using reinforcement learning and rule-based expert systems," Applied Energy, Elsevier, vol. 350(C).
    23. Muhammad Paend Bakht & Zainal Salam & Mehr Gul & Waqas Anjum & Mohamad Anuar Kamaruddin & Nuzhat Khan & Abba Lawan Bukar, 2022. "The Potential Role of Hybrid Renewable Energy System for Grid Intermittency Problem: A Techno-Economic Optimisation and Comparative Analysis," Sustainability, MDPI, vol. 14(21), pages 1-29, October.

    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. Ma, Tao & Zhang, Yijie & Gu, Wenbo & Xiao, Gang & Yang, Hongxing & Wang, Shuxiao, 2022. "Strategy comparison and techno-economic evaluation of a grid-connected photovoltaic-battery system," Renewable Energy, Elsevier, vol. 197(C), pages 1049-1060.
    2. Zhang, Yijie & Ma, Tao & Yang, Hongxing, 2022. "Grid-connected photovoltaic battery systems: A comprehensive review and perspectives," Applied Energy, Elsevier, vol. 328(C).
    3. Andreolli, Francesca & D’Alpaos, Chiara & Moretto, Michele, 2022. "Valuing investments in domestic PV-Battery Systems under uncertainty," Energy Economics, Elsevier, vol. 106(C).
    4. Nina Munzke & Felix Büchle & Anna Smith & Marc Hiller, 2021. "Influence of Efficiency, Aging and Charging Strategy on the Economic Viability and Dimensioning of Photovoltaic Home Storage Systems," Energies, MDPI, vol. 14(22), pages 1-46, November.
    5. Tervo, Eric & Agbim, Kenechi & DeAngelis, Freddy & Hernandez, Jeffrey & Kim, Hye Kyung & Odukomaiya, Adewale, 2018. "An economic analysis of residential photovoltaic systems with lithium ion battery storage in the United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 1057-1066.
    6. Han, Xuejiao & Garrison, Jared & Hug, Gabriela, 2022. "Techno-economic analysis of PV-battery systems in Switzerland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
    7. D. L. Talavera & E. Muñoz-Cerón & J. de la Casa & D. Lozano-Arjona & M. Theristis & P. J. Pérez-Higueras, 2019. "Complete Procedure for the Economic, Financial and Cost-Competitiveness of Photovoltaic Systems with Self-Consumption," Energies, MDPI, vol. 12(3), pages 1-22, January.
    8. Rômulo de Oliveira Azevêdo & Paulo Rotela Junior & Luiz Célio Souza Rocha & Gianfranco Chicco & Giancarlo Aquila & Rogério Santana Peruchi, 2020. "Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments," Sustainability, MDPI, vol. 12(17), pages 1-40, September.
    9. Ahsan, Syed M. & Khan, Hassan A. & Hassan, Naveed-ul & Arif, Syed M. & Lie, Tek-Tjing, 2020. "Optimized power dispatch for solar photovoltaic-storage system with multiple buildings in bilateral contracts," Applied Energy, Elsevier, vol. 273(C).
    10. Espinoza, R. & Muñoz-Cerón, E. & Aguilera, J. & de la Casa, J., 2019. "Feasibility evaluation of residential photovoltaic self-consumption projects in Peru," Renewable Energy, Elsevier, vol. 136(C), pages 414-427.
    11. Roberts, Mike B. & Bruce, Anna & MacGill, Iain, 2019. "Impact of shared battery energy storage systems on photovoltaic self-consumption and electricity bills in apartment buildings," Applied Energy, Elsevier, vol. 245(C), pages 78-95.
    12. He, Yi & Guo, Su & Zhou, Jianxu & Ye, Jilei & Huang, Jing & Zheng, Kun & Du, Xinru, 2022. "Multi-objective planning-operation co-optimization of renewable energy system with hybrid energy storages," Renewable Energy, Elsevier, vol. 184(C), pages 776-790.
    13. Azuatalam, Donald & Paridari, Kaveh & Ma, Yiju & Förstl, Markus & Chapman, Archie C. & Verbič, Gregor, 2019. "Energy management of small-scale PV-battery systems: A systematic review considering practical implementation, computational requirements, quality of input data and battery degradation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 555-570.
    14. Berrueta, Alberto & Heck, Michael & Jantsch, Martin & Ursúa, Alfredo & Sanchis, Pablo, 2018. "Combined dynamic programming and region-elimination technique algorithm for optimal sizing and management of lithium-ion batteries for photovoltaic plants," Applied Energy, Elsevier, vol. 228(C), pages 1-11.
    15. Lucas Deotti & Wanessa Guedes & Bruno Dias & Tiago Soares, 2020. "Technical and Economic Analysis of Battery Storage for Residential Solar Photovoltaic Systems in the Brazilian Regulatory Context," Energies, MDPI, vol. 13(24), pages 1-30, December.
    16. Zou, Bin & Peng, Jinqing & Li, Sihui & Li, Yi & Yan, Jinyue & Yang, Hongxing, 2022. "Comparative study of the dynamic programming-based and rule-based operation strategies for grid-connected PV-battery systems of office buildings," Applied Energy, Elsevier, vol. 305(C).
    17. Hernández, J.C. & Sanchez-Sutil, F. & Muñoz-Rodríguez, F.J. & Baier, C.R., 2020. "Optimal sizing and management strategy for PV household-prosumers with self-consumption/sufficiency enhancement and provision of frequency containment reserve," Applied Energy, Elsevier, vol. 277(C).
    18. Jiménez-Castillo, G. & Muñoz-Rodriguez, F.J. & Rus-Casas, C. & Talavera, D.L., 2020. "A new approach based on economic profitability to sizing the photovoltaic generator in self-consumption systems without storage," Renewable Energy, Elsevier, vol. 148(C), pages 1017-1033.
    19. Zou, Bin & Peng, Jinqing & Yin, Rongxin & Li, Houpei & Li, Sihui & Yan, Jinyue & Yang, Hongxing, 2022. "Capacity configuration of distributed photovoltaic and battery system for office buildings considering uncertainties," Applied Energy, Elsevier, vol. 319(C).
    20. Gomez-Gonzalez, M. & Hernandez, J.C. & Vera, D. & Jurado, F., 2020. "Optimal sizing and power schedule in PV household-prosumers for improving PV self-consumption and providing frequency containment reserve," Energy, Elsevier, vol. 191(C).

    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:eee:appene:v:269:y:2020:i:c:s0306261920306188. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    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.