This paper describes an approach to optimize the capacity of battery used in a grid-connected photovoltaic system (PV/storage system). Scheduling of the battery after installation has to be considered for the optimal design; because battery degradation cost is mainly a function of system...

Under a deregulated environment, wind power producers are subject to many regulation costs due to the intermittence of natural resources and the accuracy limits of existing prediction tools. This paper addresses the operation (charging/discharging) problem of battery energy storage installed in...

Large-scale deployment of intermittent renewable energy (namely wind energy and solar PV) may entail new challenges in power systems and more volatility in power prices in liberalized electricity markets. Energy storage can diminish this imbalance, relieving the grid congestion, and promoting...

Microgrids can be considered as controllable units from the utility point of view because the entities of microgrids such as distributed energy resources and controllable loads can effectively control the amount of power consumption or generation. Therefore, microgrids can make various contracts...

Managing the risk associated with uncertain load has always been a challenge for retailers in electricity markets. Yet the load variability has been largely predictable in the past, especially when aggregating a large number of consumers. In contrast, the increasing penetration of unpredictable,...

Feed-in tariffs are a widespread policy instrument to support the diffusion of renewable energy technologies. I investigate the impact of the size-based differentiation of these tariffs on the adoption of residential scale solar photovoltaic (PV) installations in Germany. Exploiting a policy...

Worldwide the demand for solar photovoltaics (PV) has increased significantly over the past decades. This was driven by a price reduction for solar PV systems. A two-stage least squares linear regression yields insights into the price sensitivity for residential customers in the U.S., and...

In renewable power generation, solar photovoltaic as clean and green energy technology plays a vital role to fulfill the power shortage of any country. Modeling, simulation and analysis of solar photovoltaic (PV) generator is a vital phase prior to mount PV system at any location, which helps to...