Financial benefits by installing PV generation and energy storage systems for households

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

11 Scopus citations

Abstract

Saudi Arabia's power system is a summer peaking system, which makes solar power suitable and fits the demand curve during summer peak time. This paper will study the financial benefits for households by installing a PV system and lithium-ion batteries in a distribution system. The study is based on real house load profile and actual 6 kW PV system that is installed on the roof of a house in California, which has similar load and weather patterns to Saudi Arabia's. The cost of PV, its output power, battery size, its charging and discharging rate, cycling, efficiency, and life time are considered. Four different configurations have been studied and compared, No PV No Battery, PV only, Battery only, both of PV and Battery.

Original languageEnglish
Title of host publication2017 Saudi Arabia Smart Grid Conference, SASG 2017
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1-7
Number of pages7
ISBN (Electronic)9781538618769
DOIs
StatePublished - 8 May 2018

Publication series

Name2017 Saudi Arabia Smart Grid Conference, SASG 2017

Bibliographical note

Publisher Copyright:
© 2017 IEEE.

Keywords

  • Electricity market
  • Energy storage
  • PV
  • Renewable energy

ASJC Scopus subject areas

  • Artificial Intelligence
  • Electrical and Electronic Engineering
  • Energy Engineering and Power Technology

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