Abstract
This paper presents a methodology for jointly optimizing the sizing and power management of PV household-prosumers, namely, photovoltaic (PV) power, electric vehicle charging load (EVCL), household consumption load (HCL), battery bank (BB), and power converters. The optimization includes PV self-consumption enhancement and frequency containment reserve (FCR). This innovative model uses an annual techno-economic assessment to calculate the total costs and revenue by means of the teaching-learning-based optimization (TLBO) algorithm. The assessment of BB aging takes into account the charge/discharge power as well as the depth of discharge (DOD). This methodology is applied to Spanish PV household-prosumers. Results are obtained for scenarios involving PV, EV, and BB. Moreover, the PV household-prosumer approximated the smart user concept by providing FCR service. The scenarios envisaged examined potential revenues based on markets (day-ahead and FCR market) and their influence on profitability. The results of this study confirmed that BB is a cost-effective way of enhancing PV self-consumption by decreasing the levelized cost of electricity (LCOE). In fact, when FCR provision was added, there was a significant increase in the total revenue with a relatively low impact on BB aging.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
