IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v12y2019i5p799-d209692.html
   My bibliography  Save this article

Case Study of Residential PV Power and Battery Storage with the Danish Flexible Pricing Scheme

Author

Listed:
  • Jacob Bitsch Nørgaard

    (Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

  • Tamás Kerekes

    (Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

  • Dezso Séra

    (Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

Abstract

The economic viability of renewable energy generation is vital for sustainability. Ensuring that optimal operation is always achieved, using energy management systems and control algorithms, is essential in this endeavor. Here, a new real-time pricing scheme, the Danish flexible pricing scheme, illustrates how residential PV and battery systems can optimize the electricity bill of households, without changing consumption behavior or providing grid services in exchange. This means that the only addition is PV production, storage, and control. A case study is constructed from Danish household consumption data, irradiance measurements, and recorded spot prices. With the input data, the pricing scheme, and the energy flow, simulation models are computed in MATLAB, thereby validating the algorithmic potential and finding the best strategy for charging and discharging the energy storage unit. Different methods are compared to list the viable options and evaluate them, based on the economic feasibility for the household. Furthermore, a discussion of the system implementation is also included to highlight technical difficulties, co-integration opportunities, short-comings, and advantages present in the case study. In conclusion, it is possible to make renewable energy generation, and storage, viable for a Danish residential household under the new pricing scheme.

Suggested Citation

  • Jacob Bitsch Nørgaard & Tamás Kerekes & Dezso Séra, 2019. "Case Study of Residential PV Power and Battery Storage with the Danish Flexible Pricing Scheme," Energies, MDPI, vol. 12(5), pages 1-11, February.
    • Handle: RePEc:gam:jeners:v:12:y:2019:i:5:p:799-:d:209692
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/12/5/799/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/12/5/799/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eltigani, Dalia & Masri, Syafrudin, 2015. "Challenges of integrating renewable energy sources to smart grids: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 770-780.
    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. Marcochi de Melo, Diego & Villavicencio Gastelu, Joel & Asano, Patrícia T.L. & Melo, Joel D., 2022. "Spatiotemporal estimation of photovoltaic system adopters using fuzzy logic," Renewable Energy, Elsevier, vol. 181(C), pages 1188-1196.

    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. Gulin, Marko & Pavlović, Tomislav & Vašak, Mario, 2016. "Photovoltaic panel and array static models for power production prediction: Integration of manufacturers’ and on-line data," Renewable Energy, Elsevier, vol. 97(C), pages 399-413.
    2. Honglu Zhu & Weiwei Lian & Lingxing Lu & Songyuan Dai & Yang Hu, 2017. "An Improved Forecasting Method for Photovoltaic Power Based on Adaptive BP Neural Network with a Scrolling Time Window," Energies, MDPI, vol. 10(10), pages 1-18, October.
    3. Bey, M. & Hamidat, A. & Benyoucef, B. & Nacer, T., 2016. "Viability study of the use of grid connected photovoltaic system in agriculture: Case of Algerian dairy farms," Renewable and Sustainable Energy Reviews, Elsevier, vol. 63(C), pages 333-345.
    4. Ellabban, Omar & Abu-Rub, Haitham, 2016. "Smart grid customers' acceptance and engagement: An overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1285-1298.
    5. Tolga Kara & Ahmet Duran Şahin, 2023. "Implications of Climate Change on Wind Energy Potential," Sustainability, MDPI, vol. 15(20), pages 1-26, October.
    6. Yu, L. & Li, Y.P. & Huang, G.H., 2019. "Planning municipal-scale mixed energy system for stimulating renewable energy under multiple uncertainties - The City of Qingdao in Shandong Province, China," Energy, Elsevier, vol. 166(C), pages 1120-1133.
    7. Colak, Ilhami & Sagiroglu, Seref & Fulli, Gianluca & Yesilbudak, Mehmet & Covrig, Catalin-Felix, 2016. "A survey on the critical issues in smart grid technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 396-405.
    8. Giuseppe Fusco & Mario Russo & Michele De Santis, 2021. "Decentralized Voltage Control in Active Distribution Systems: Features and Open Issues," Energies, MDPI, vol. 14(9), pages 1-31, April.
    9. Mahmud, Khizir & Town, Graham E. & Morsalin, Sayidul & Hossain, M.J., 2018. "Integration of electric vehicles and management in the internet of energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 4179-4203.
    10. Lamnatou, Chr. & Chemisana, D. & Cristofari, C., 2022. "Smart grids and smart technologies in relation to photovoltaics, storage systems, buildings and the environment," Renewable Energy, Elsevier, vol. 185(C), pages 1376-1391.
    11. Gordon Rausser & Wadim Strielkowski & Dalia Å treimikienÄ—, 2018. "Smart meters and household electricity consumption: A case study in Ireland," Energy & Environment, , vol. 29(1), pages 131-146, February.
    12. Mahmud, Nasif & Zahedi, A., 2016. "Review of control strategies for voltage regulation of the smart distribution network with high penetration of renewable distributed generation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 582-595.
    13. Hafeznia, Hamed & Aslani, Alireza & Anwar, Sohail & Yousefjamali, Mahdis, 2017. "Analysis of the effectiveness of national renewable energy policies: A case of photovoltaic policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 669-680.
    14. Gustavo Navarro & Jorge Torres & Marcos Blanco & Jorge Nájera & Miguel Santos-Herran & Marcos Lafoz, 2021. "Present and Future of Supercapacitor Technology Applied to Powertrains, Renewable Generation and Grid Connection Applications," Energies, MDPI, vol. 14(11), pages 1-29, May.
    15. Shaukat, N. & Khan, B. & Ali, S.M. & Mehmood, C.A. & Khan, J. & Farid, U. & Majid, M. & Anwar, S.M. & Jawad, M. & Ullah, Z., 2018. "A survey on electric vehicle transportation within smart grid system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1329-1349.
    16. Michel Noussan & Roberta Roberto & Benedetto Nastasi, 2018. "Performance Indicators of Electricity Generation at Country Level—The Case of Italy," Energies, MDPI, vol. 11(3), pages 1-14, March.
    17. Sultana, W. Razia & Sahoo, Sarat Kumar & Sukchai, Sukruedee & Yamuna, S. & Venkatesh, D., 2017. "A review on state of art development of model predictive control for renewable energy applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 391-406.
    18. Manditereza, Patrick Tendayi & Bansal, Ramesh, 2016. "Renewable distributed generation: The hidden challenges – A review from the protection perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 1457-1465.
    19. Guo, Qi & Xiao, Fan & Tu, Chunming & Jiang, Fei & Zhu, Rongwu & Ye, Jian & Gao, Jiayuan, 2022. "An overview of series-connected power electronic converter with function extension strategies in the context of high-penetration of power electronics and renewables," Renewable and Sustainable Energy Reviews, Elsevier, vol. 156(C).
    20. Carlos E. Prieto Cerón & Luís F. Normandia Lourenço & Juan S. Solís-Chaves & Alfeu J. Sguarezi Filho, 2022. "A Generalized Predictive Controller for a Wind Turbine Providing Frequency Support for a Microgrid," Energies, MDPI, vol. 15(7), pages 1-20, April.

    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:gam:jeners:v:12:y:2019:i:5:p:799-:d:209692. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.