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Impacts of valuing resilience on cost-optimal PV and storage systems for commercial buildings

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  • Laws, Nicholas D.
  • Anderson, Kate
  • DiOrio, Nicholas A.
  • Li, Xiangkun
  • McLaren, Joyce

Abstract

Decreasing electric grid reliability in the US, along with increasing severe weather events, have greatly increased interest in resilient energy systems. Few studies have included the value of resilience when sizing PV and Battery Energy Storage Systems (BESS), and none have included the cost to island a PV and BESS, grid-connected costs and benefits, and the value of resilience. This work presents a novel method for incorporating the value of resilience provided by a PV and BESS into a techno-economic optimization model. Including the value of resilience in the design of a cost-optimal PV and BESS generally increases the system capacities, and in some cases makes a system economical where it was not before. For example, for a large hotel in Anaheim, CA no system is economical without resilience valued; however, with a $5317/hr value of resilience a 363 kW and 60 kWh solar and BESS provides a net present value of $50,000.

Suggested Citation

  • Laws, Nicholas D. & Anderson, Kate & DiOrio, Nicholas A. & Li, Xiangkun & McLaren, Joyce, 2018. "Impacts of valuing resilience on cost-optimal PV and storage systems for commercial buildings," Renewable Energy, Elsevier, vol. 127(C), pages 896-909.
    • Handle: RePEc:eee:renene:v:127:y:2018:i:c:p:896-909
    DOI: 10.1016/j.renene.2018.05.011
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    4. Wu, Di & Ma, Xu & Huang, Sen & Fu, Tao & Balducci, Patrick, 2020. "Stochastic optimal sizing of distributed energy resources for a cost-effective and resilient Microgrid," Energy, Elsevier, vol. 198(C).
    5. Li, Hong Xian & Li, Yan & Jiang, Boya & Zhang, Limao & Wu, Xianguo & Lin, Jingyi, 2020. "Energy performance optimisation of building envelope retrofit through integrated orthogonal arrays with data envelopment analysis," Renewable Energy, Elsevier, vol. 149(C), pages 1414-1423.
    6. Chowdhury, Tamal & Chowdhury, Hemal & Islam, Kazi Sifatul & Sharifi, Ayyoob & Corkish, Richard & Sait, Sadiq M., 2023. "Resilience analysis of a PV/battery system of health care centres in Rohingya refugee camp," Energy, Elsevier, vol. 263(PA).
    7. Gorman, Will & Barbose, Galen & Pablo Carvallo, Juan & Baik, Sunhee & Miller, Chandler & White, Philip & Praprost, Marlena, 2023. "County-level assessment of behind-the-meter solar and storage to mitigate long duration power interruptions for residential customers," Applied Energy, Elsevier, vol. 342(C).
    8. Patrick Balducci & Kendall Mongird & Di Wu & Dexin Wang & Vanshika Fotedar & Robert Dahowski, 2020. "An Evaluation of the Economic and Resilience Benefits of a Microgrid in Northampton, Massachusetts," Energies, MDPI, vol. 13(18), pages 1-28, September.
    9. Kazi Sifatul Islam & Samiul Hasan & Tamal Chowdhury & Hemal Chowdhury & Sadiq M. Sait, 2022. "Outage Survivability Investigation of a PV/Battery/CHP System in a Hospital Building in Texas," Sustainability, MDPI, vol. 14(22), pages 1-14, November.
    10. Hossain, Eklas & Roy, Shidhartho & Mohammad, Naeem & Nawar, Nafiu & Dipta, Debopriya Roy, 2021. "Metrics and enhancement strategies for grid resilience and reliability during natural disasters," Applied Energy, Elsevier, vol. 290(C).
    11. Hervás-Zaragoza, Josep & Colmenar-Santos, Antonio & Rosales-Asensio, Enrique & Colmenar-Fernández, Lucía, 2022. "Microgrids as a mechanism for improving energy resilience during grid outages: A post COVID-19 case study for hospitals," Renewable Energy, Elsevier, vol. 199(C), pages 308-319.
    12. Swaminathan, Siddharth & Pavlak, Gregory S. & Freihaut, James, 2020. "Sizing and dispatch of an islanded microgrid with energy flexible buildings," Applied Energy, Elsevier, vol. 276(C).
    13. Urbano, Eva M. & Martinez-Viol, Victor & Kampouropoulos, Konstantinos & Romeral, Luis, 2021. "Energy equipment sizing and operation optimisation for prosumer industrial SMEs – A lifetime approach," Applied Energy, Elsevier, vol. 299(C).
    14. Sepúlveda-Mora, Sergio B. & Hegedus, Steven, 2022. "Resilience analysis of renewable microgrids for commercial buildings with different usage patterns and weather conditions," Renewable Energy, Elsevier, vol. 192(C), pages 731-744.

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