The increasing world human population has given rise to the current energy crisis and\nimpending global warming. To meet the international environmental obligations, alternative\ntechnological advances have been made to harvest clean and renewable energy. The solar\nphotovoltaics (PV) system is a relatively new concept of clean technology that can be employed as an\nautonomous power source for a range of off-grid applications. In this study, the dual battery storage\nsystem is coupled with a solar PV system and a low voltage grid, benefitting from the feed-in tariff\n(FIT) policy. The main outcomes of this study are: (I) A novel dual battery storage system for the\noptimal use of the PV system/energy is proposed; (II) The problem is formulated in the form of a\nmathematical model, and a cost function is devised for effective cost calculation; (III) An optimal\ncost analysis is presented for the effective use of PV energy; (IV) real-time data of a solar PV taken\nfrom the owner and the demand profile collected from the user is applied to the proposed approach,\nwith United Kingdom (UK) tariff incentives. This system works in a loop by charging one system from\nthe solar PV for one day, and discharging the other system. This model gives certainty that power is\nexported to the grid when the solar PV generates an excess amount; batteries are utilized during\nthe peak hours, and power is purchased when the demand is not met by the batteries, or when the\ndemand is higher than the generation. This study examined the economic knowledge of solar PV\nand battery storage systems by considering the FIT incentives.
Loading....