Assessment of economic benefits of battery energy storage application for the PV‐equipped households in Finland

Autor: Antti Kosonen, Kimmo Huoman, Pasi Peltoniemi, Andrey Lana, Pasi Nuutinen, Esa Malinen, Mikko Paakkonen, Dmitrii Kuleshov
Rok vydání: 2019
Předmět:
typical household load
tariffs
household solar battery energy storage projects
residential roof pv installations
on-site solar energy generation
02 engineering and technology
pricing
0202 electrical engineering
electronic engineering
information engineering
battery energy storage system
economic benefits
pv-equipped households
Photovoltaic system
General Engineering
021001 nanoscience & nanotechnology
forecasted bess costs
present bess costs
battery costs
battery storage projects
0210 nano-technology
Electricity retailing
household end-users
solar energy storage systems
Battery (electricity)
020209 energy
battery storage plants
residential solar photovoltaic installations
Energy Engineering and Power Technology
discharge levels
battery charge
Energy storage
secondary cells
building integrated photovoltaics
distributed power generation
economic attractiveness
power generation economics
customer-sited solar battery storage
energy storage
business.industry
retail electricity prices
usehold self-consumption enhancement
battery energy storage application
techno-economic study
Environmental economics
power grids
Solar energy
Solar battery
lcsh:TA1-2040
finland
Environmental science
lifepo(4)
Electricity
Building-integrated photovoltaics
lcsh:Engineering (General). Civil engineering (General)
business
lithium iron phosphate-based battery storage
Software
Zdroj: The Journal of Engineering (2019)
ISSN: 2051-3305
DOI: 10.1049/joe.2018.9268
Popis: Significant growth in residential solar photovoltaic (PV) installations and the ongoing decline in battery costs have increased interest in household solar battery energy storage projects in Finland in recent years. Among various potential applications, considerable attention is drawn to the use of the battery energy storage system (BESS) for the purpose of the households’ self-consumption enhancement. This study presents the results of a techno-economic study of the LiFePO(4)-based battery storage added to residential roof-top PV installations in Finland to maximise self-utilisation of on-site solar energy generation. Using a comprehensive DC model of BESS, the battery charge and discharge levels under the typical household load and PV production conditions are simulated. The estimates of the average retail electricity prices are used to assess the value that the customer-sited solar battery storage can provide to the household end-users in Finland. The economic attractiveness of the battery storage projects is evaluated considering the present and forecasted BESS costs and the electricity tariff levels in Finland and the conditions for profitable operation of the solar energy storage systems are determined.
Databáze: OpenAIRE
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