Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia
Electric energy storage; Energy conservation; Genetic algorithms; Battery energy storage systems; Electricity tariff; Grid-connected photovoltaic; Industrial consumers; Maximum demand; Net energy; Photovoltaic systems; Solar PVs; Electric batteries
Saved in:
| Main Authors: | , , , , , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Published: |
MDPI AG
2023
|
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.uniten.dspace-24446 |
|---|---|
| record_format |
dspace |
| spelling |
my.uniten.dspace-244462023-05-29T15:23:34Z Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia Subramani G. Ramachandaramurthy V.K. Sanjeevikumar P. Holm-Nielsen J.B. Blaabjerg F. Zbigniew L. Kostyla P. 57197834088 6602912020 18134802000 14421042300 7004992352 6602973655 6505826399 Electric energy storage; Energy conservation; Genetic algorithms; Battery energy storage systems; Electricity tariff; Grid-connected photovoltaic; Industrial consumers; Maximum demand; Net energy; Photovoltaic systems; Solar PVs; Electric batteries Under the present electricity tariff structure in Malaysia, electricity billing on a monthly basis for commercial and industrial consumers includes the net consumption charges together with maximum demand (MD) charges. The use of batteries in combination with photovoltaic (PV) systems is projected to become a viable solution for energy management, in terms of peak load shaving. Based on the latest studies, maximum demand (MD) reduction can be accomplished via a solar PV-battery system based on a few measures such as load pattern, techno-economic traits, and electricity scheme. Based on these measures, the Maximum Demand Reduction (MDRed) Model is developed as an optimization tool for the solar PV-battery system. This paper shows that energy savings on net consumption and maximum demand can be maximized via optimal sizing of the solar PV-battery system using the MATLAB genetic algorithm (GA) tool. GA optimization results revealed that the optimal sizing of solar PV-battery system gives monthly energy savings of up to 20% of net consumption via solar PV self-consumption, 3% of maximum demand (MD) via MD shaving and 2% of surplus power supplied to grid via net energy metering (NEM) in regards to Malaysian electricity tariff scheme and cost of the overall system. � 2019 by the authors. Final 2023-05-29T07:23:34Z 2023-05-29T07:23:34Z 2019 Article 10.3390/en12183531 2-s2.0-85072535091 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85072535091&doi=10.3390%2fen12183531&partnerID=40&md5=3eb98c5051f97dbff1a30e6ad3c0ca15 https://irepository.uniten.edu.my/handle/123456789/24446 12 18 3531 All Open Access, Gold, Green MDPI AG Scopus |
| institution |
Universiti Tenaga Nasional |
| building |
UNITEN Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Tenaga Nasional |
| content_source |
UNITEN Institutional Repository |
| url_provider |
http://dspace.uniten.edu.my/ |
| description |
Electric energy storage; Energy conservation; Genetic algorithms; Battery energy storage systems; Electricity tariff; Grid-connected photovoltaic; Industrial consumers; Maximum demand; Net energy; Photovoltaic systems; Solar PVs; Electric batteries |
| author2 |
57197834088 |
| author_facet |
57197834088 Subramani G. Ramachandaramurthy V.K. Sanjeevikumar P. Holm-Nielsen J.B. Blaabjerg F. Zbigniew L. Kostyla P. |
| format |
Article |
| author |
Subramani G. Ramachandaramurthy V.K. Sanjeevikumar P. Holm-Nielsen J.B. Blaabjerg F. Zbigniew L. Kostyla P. |
| spellingShingle |
Subramani G. Ramachandaramurthy V.K. Sanjeevikumar P. Holm-Nielsen J.B. Blaabjerg F. Zbigniew L. Kostyla P. Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| author_sort |
Subramani G. |
| title |
Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| title_short |
Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| title_full |
Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| title_fullStr |
Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| title_full_unstemmed |
Techno-economic optimization of grid-connected photovoltaic (PV) and battery systems based on maximum demand reduction (MDRED) modelling in Malaysia |
| title_sort |
techno-economic optimization of grid-connected photovoltaic (pv) and battery systems based on maximum demand reduction (mdred) modelling in malaysia |
| publisher |
MDPI AG |
| publishDate |
2023 |
| _version_ |
1806424224215072768 |
| score |
13.214268 |