Value analysis of 2 kW/4.4 hour energy storage in residential PV systems in Arizona

Aditya Nadkarni, Ashish Maktal, George G. Karady, Ken Alteneder

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Scopus citations

Abstract

Customer premises grid-tied Battery Assisted PV Systems can be an effective demand-side load management measure. At the same time, they can considerably lower the monthly retail electricity charges of their owners. In order to encourage end users to employ such systems in their premises, quantification of resulting benefits is imperative. In this paper, customer savings from a 2 kW/8.8 kWh Lithium-ion battery with different PV system sizes are quantified with respect to two Salt River Project (SRP) Time-of-Use (TOU) tariff plans. A 40% peak shave target is assumed. Results do not indicate significant increase in savings by adding the storage component to a 2 kW PV system. However, it was observed that PV size could be reduced by atleast 40% if the proposed battery was added to a 4 kW PV system to obtain the same benefits.

Original languageEnglish (US)
Title of host publication2013 IEEE Power and Energy Society General Meeting, PES 2013
DOIs
StatePublished - Dec 1 2013
Event2013 IEEE Power and Energy Society General Meeting, PES 2013 - Vancouver, BC, Canada
Duration: Jul 21 2013Jul 25 2013

Publication series

NameIEEE Power and Energy Society General Meeting
ISSN (Print)1944-9925
ISSN (Electronic)1944-9933

Other

Other2013 IEEE Power and Energy Society General Meeting, PES 2013
CountryCanada
CityVancouver, BC
Period7/21/137/25/13

Keywords

  • Batteries
  • Cost analysis
  • Energy Storage
  • Peak shaving
  • Retail tariff

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering

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  • Cite this

    Nadkarni, A., Maktal, A., Karady, G. G., & Alteneder, K. (2013). Value analysis of 2 kW/4.4 hour energy storage in residential PV systems in Arizona. In 2013 IEEE Power and Energy Society General Meeting, PES 2013 [6672152] (IEEE Power and Energy Society General Meeting). https://doi.org/10.1109/PESMG.2013.6672152