Development of a Tool for Sizing and Technical–Financial Analysis of Energy‐Storage Systems Using Batteries
Open Access
- 3 March 2024
- journal article
- research article
- Published by Wiley in Energy Technology
- Vol. 12 (5)
Abstract
In this article, an innovative approach is presented to the sizing and technical–economic analysis of battery energy‐storage systems (BESS) designed for customers in the free energy market in Brazil. The tool enables the integration of photovoltaic (PV) energy sources and includes a comparison between the BESS + PV system and diesel generators. Integrating the computational capabilities of Microsoft Excel in the backend and the intuitive interface of PowerApps in the front end, the sizing process is based on analyzing historical energy invoices spanning at least 12 months or loading data with a 1 h measurement interval. The data discretization over the 8760 h of the year, considering the consumer's load profile, is facilitated by the PowerApps interface, providing a comprehensive visualization of the technical‐economic sizing results for BESS. A case study is conducted for a commercial load with a specific tariff for free energy market customers, revealing viable solutions for BESS compared to diesel alternatives. In this approach, it is aimed to simplify the analysis and decision‐making process, offering a valuable tool for power system engineers to evaluate sustainable and economically viable solutions in the Brazilian free energy market.Keywords
This publication has 16 references indexed in Scilit:
- Optimization of BESS placement, technology selection, and operation in microgrids for minimizing energy losses and CO2 emissions: A hybrid approachJournal of Energy Storage, 2023
- Residential photovoltaic and energy storage systems for sustainable development: An economic analysis applied to incentive mechanismsSustainable Development, 2023
- Reliability Framework Integrating Grid Scale BESS Considering BESS DegradationInternational Journal of Electrical Power & Energy Systems, 2023
- Optimization of grid-photovoltaic and battery hybrid system with most technically efficient PV technology after the performance analysisRenewable Energy, 2023
- Review on photovoltaic with battery energy storage system for power supply to buildings: Challenges and opportunitiesJournal of Energy Storage, 2023
- A systematic review on sustainability assessment of electric vehicles: Knowledge gaps and future perspectivesEnvironmental Impact Assessment Review, 2022
- The impact of electric vehicle charging schemes in power system expansion planningApplied Energy, 2020
- Electric vehicles standards, charging infrastructure, and impact on grid integration: A technological reviewRenewable and Sustainable Energy Reviews, 2020
- Review of hybrid renewable energy systems with comparative analysis of off-grid hybrid systemRenewable and Sustainable Energy Reviews, 2018
- Energy management based fuzzy logic controller of hybrid system wind/photovoltaic/diesel with storage batteryInternational Journal of Hydrogen Energy, 2017