Abstract (EN):
With the increase of electricity tariffs and the
decreasing costs for distributed generation technologies, more
and more residential consumers are deploying local generation
systems to satisfy their electricity demand in order to reduce
overall cost. Typically, however, a mismatch between electricity
generation and demand remains. Storage systems enable
consumers to reduce this mismatch by storing locally generated
electricity for later consumption, instead of feeding excess
generation into the grid. This paper analyzes the economics of
storage installations in a residential consumer context. A linear
program is presented to determine the optimal dispatch, and
Simulated Annealing is used to identify the cost minimizing
system configuration. The developed approach is tested for a
multi-family house in Germany.
Language:
English
Type (Professor's evaluation):
Scientific
No. of pages:
5
License type: