Abstract
Indian government emphasizes on the use of renewable energy sources (RES) to meet energy demands. To meet the gap between energy supply and demand, efficient size of storage is important. This paper analyzes the methodology for sizing of storage in isolated renewable energy (RE)systems. It determines the size of components in standalone renewable energy system and storage size. A choice based graphical approach based on the concept of loss of power supply probability (LPSP) is then presented to determine sizing of RE system and its storage for particular load requirement. The solution clearly identifies feasible option in which user has choice to select system size and storage to meet the demand all the time. Two illustrative examples are presented to implement choice based approach.
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