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Techno-economic viability of energy storage concepts combined with a residential solar photovoltaic system: A case study from Finland

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  • Puranen, Pietari
  • Kosonen, Antti
  • Ahola, Jero

Abstract

Solar photovoltaic systems have been growing in popularity in prosumer households as a means of increasing the share of renewable energy and decreasing electricity import. The available self-consumption is, however, limited by a temporal supply–demand imbalance. In this paper, options for improving the self-consumption of a prosumer household are studied by using three-year data sets of electricity import and export data from two distinct, real-life cases from Finland. Two separate approaches are analysed: the use of energy storages, physical or monetary, and changing of the electricity metering method. A switch of the electricity metering method from instant phasewise to hourly net metering was found to increase the self-sufficiency by about 3 to 5 percentage points and have an annual monetary benefit of a few tens of euros when a network storage was used. Considering the energy storage methods under study, the network energy storage was found to be more economically feasible than a physical or a virtual battery energy storage, even though a physical battery storage could increase the self-sufficiency as much as by 30 percentage points with a storage capacity of 20kWh. The studied virtual battery concept was found to limit the profitable solar photovoltaic plant size if high enough storage capacity was not provided. When a physical battery energy storage is used, switching to hourly net metering does not add value to the system. A significant decrease in the system cost is required for a physical battery energy storage to be economically competitive in northern climate conditions.

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  • Puranen, Pietari & Kosonen, Antti & Ahola, Jero, 2021. "Techno-economic viability of energy storage concepts combined with a residential solar photovoltaic system: A case study from Finland," Applied Energy, Elsevier, vol. 298(C).
    • Handle: RePEc:eee:appene:v:298:y:2021:i:c:s0306261921006231
    DOI: 10.1016/j.apenergy.2021.117199
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    3. Juha Koskela & Pertti Järventausta, 2023. "Demand Response with Electrical Heating in Detached Houses in Finland and Comparison with BESS for Increasing PV Self-Consumption," Energies, MDPI, vol. 16(1), pages 1-25, January.
    4. Tung Nguyen Thanh & Phap Vu Minh & Kien Duong Trung & Tuan Do Anh, 2021. "Study on Performance of Rooftop Solar Power Generation Combined with Battery Storage at Office Building in Northeast Region, Vietnam," Sustainability, MDPI, vol. 13(19), pages 1-15, October.
    5. Corneliu Marinescu, 2022. "Progress in the Development and Implementation of Residential EV Charging Stations Based on Renewable Energy Sources," Energies, MDPI, vol. 16(1), pages 1-31, December.
    6. Wenya Xu & Yanxue Li & Guanjie He & Yang Xu & Weijun Gao, 2023. "Performance Assessment and Comparative Analysis of Photovoltaic-Battery System Scheduling in an Existing Zero-Energy House Based on Reinforcement Learning Control," Energies, MDPI, vol. 16(13), pages 1-19, June.
    7. Sohani, Ali & Cornaro, Cristina & Shahverdian, Mohammad Hassan & Moser, David & Pierro, Marco & Olabi, Abdul Ghani & Karimi, Nader & Nižetić, Sandro & Li, Larry K.B. & Doranehgard, Mohammad Hossein, 2023. "Techno-economic evaluation of a hybrid photovoltaic system with hot/cold water storage for poly-generation in a residential building," Applied Energy, Elsevier, vol. 331(C).
    8. Arsalis, Alexandros & Papanastasiou, Panos & Georghiou, George E., 2022. "A comparative review of lithium-ion battery and regenerative hydrogen fuel cell technologies for integration with photovoltaic applications," Renewable Energy, Elsevier, vol. 191(C), pages 943-960.
    9. Fedorczak-Cisak, Małgorzata & Radziszewska-Zielina, Elżbieta & Nowak-Ocłoń, Marzena & Biskupski, Jacek & Jastrzębski, Paweł & Kotowicz, Anna & Varbanov, Petar Sabev & Klemeš, Jiří Jaromír, 2023. "A concept to maximise energy self-sufficiency of the housing stock in central Europe based on renewable resources and efficiency improvement," Energy, Elsevier, vol. 278(C).
    10. Daniele Zingariello & Marija Demicoli & Luciano Mule’ Stagno, 2021. "Income Maximisation in a Maltese Household Photovoltaic System by Means of Output and Consumption Simulations," Energies, MDPI, vol. 14(23), pages 1-17, November.
    11. Nykyri, Mikko & Kärkkäinen, Tommi J. & Levikari, Saku & Honkapuro, Samuli & Annala, Salla & Silventoinen, Pertti, 2022. "Blockchain-based balance settlement ledger for energy communities in open electricity markets," Energy, Elsevier, vol. 253(C).
    12. Corneliu Marinescu, 2021. "Design Consideration Regarding a Residential Renewable-Based Microgrid with EV Charging Station Capabilities," Energies, MDPI, vol. 14(16), pages 1-13, August.
    13. Alexandros Arsalis & George E. Georghiou & Panos Papanastasiou, 2022. "Recent Research Progress in Hybrid Photovoltaic–Regenerative Hydrogen Fuel Cell Microgrid Systems," Energies, MDPI, vol. 15(10), pages 1-24, May.

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