Abstract
In this paper, a modern micro-scale pumped hydro storage system that is specifically designed to operate in coordination with photovoltaics installed at the roof of an average Greek hotel is presented. The fictitious hotel chosen as a case study, displays the energy profile of an average sea-side hotel around the Mediterranean Sea, while photovoltaics’ energy generation is assumed to follow the typical production profile of such sites. Pumped hydro storage and photovoltaic generation, size and cost have been appropriately modeled so that they realistically simulate their operational scheme, while also considering the spatial and technical characteristics and limitations of such projects. Results derived from the implementation of such a scheme into the Average Greek hotel demonstrated significant monetary benefits, accompanied with a substantial net annual profit and low payback period of the investment.
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