Print Email Facebook Twitter Techno-economical Model based Optimal Sizing of PV-Battery Systems for Microgrids Title Techno-economical Model based Optimal Sizing of PV-Battery Systems for Microgrids Author Bandyopadhyay, S. (TU Delft DC systems, Energy conversion & Storage) Chandra Mouli, G.R. (TU Delft DC systems, Energy conversion & Storage) Qin, Z. (TU Delft DC systems, Energy conversion & Storage) Ramirez Elizondo, L.M. (TU Delft DC systems, Energy conversion & Storage) Bauer, P. (TU Delft DC systems, Energy conversion & Storage) Date 2019 Abstract Microgrid with integrated photo-voltaics (PV) and battery storage system (BSS) is a promising technology for future residential applications. Optimally sizing the PV system and BSS can maximise self-sufficiency, grid relief, and at the same time can be cost-effective by exploiting tariff incentives. To that end, this paper presents a comprehensive optimisation model for the sizing of PV, battery, and grid converter for a microgrid system considering multiple objectives like energy autonomy, power autonomy, payback period, and capital costs. The proposed approach involves developing a holistic techno-economic microgrid model based on variables like PV system power, azimuth angle, battery size, converter ratings, capital investment and electricity tariffs. The proposed method is applied to determine the optimum capacity of a PV system and BSS for two case residential load profiles in the Netherlands and Texas, US to investigate the effect of meteorological conditions on the relative size of PV and battery. Based on the optimisation results, thumb rules for optimal system sizing are derived to facilitate microgrid design engineers during the initial design phase. Subject Batteriesmicrogridsoptimal sizing, particle swarm optimisationrenewable energytechno-economical analysis To reference this document use: http://resolver.tudelft.nl/uuid:ac213d8a-e4c3-42c7-bf00-a903776f1545 DOI https://doi.org/10.1109/TSTE.2019.2936129 Embargo date 2021-12-06 ISSN 1949-3029 Source IEEE Transactions on Sustainable Energy, 11 (3), 1657-1668 Bibliographical note Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public. Part of collection Institutional Repository Document type journal article Rights © 2019 S. Bandyopadhyay, G.R. Chandra Mouli, Z. Qin, L.M. Ramirez Elizondo, P. Bauer Files PDF Techno_Economical_Model_B ... ogrids.pdf 2.37 MB Close viewer /islandora/object/uuid:ac213d8a-e4c3-42c7-bf00-a903776f1545/datastream/OBJ/view