Robust design optimization and stochastic performance analysis of a grid-connected photovoltaic system with battery storage and hydrogen storage
Diederik Coppitters,
Ward De Paepe and
Francesco Contino
Energy, 2020, vol. 213, issue C
Abstract:
Balancing of intermittent energy such as solar energy can be achieved by batteries and hydrogen-based storage. However, combining these systems received limited attention in a grid-connected framework and its design optimization is often performed assuming fixed parameters. Hence, such optimization induces designs highly sensitive to real-world uncertainties, resulting in a drastic mismatch between simulated and actual performances. To fill the research gap on design optimization of grid-connected, hydrogen-based renewable energy systems, we performed a computationally efficient robust design optimization under different scenarios and compared the stochastic performance based on the corresponding cumulative density functions. This paper provides the optimized stochastic designs and the advantage of each design based on the financial flexibility of the system owner. The results illustrate that the economically preferred solution is a photovoltaic array when the self-sufficiency ratio is irrelevant (≤30%). When a higher self-sufficiency ratio threshold is of interest, i.e. up to 59%, photovoltaic-battery designs and photovoltaic-battery-hydrogen designs provide the cost-competitive alternatives which are least-sensitive to real-world uncertainty. Conclusively, including storage systems improves the probability of attaining an affordable levelized cost of electricity over the system lifetime. Future work will focus on the integration of the heat demand.
Keywords: Grid-connected demand; Hydrogen storage; Levelized cost of electricity; Photovoltaic; Robust design optimization; Uncertainty quantification (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (25)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:213:y:2020:i:c:s0360544220319058
DOI: 10.1016/j.energy.2020.118798
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