2021/11/22 by Babu Kumaran Nalini, Michel Zadé, Nalini, Babu Kumaran +7
Engineering · #Electric Power System Optimization #FOS: Electrical engineering #Integrated Energy Systems Optimization #Smart Grid Energy Management #Systems and Control (eess.SY) #electronic engineering #information engineering
paper · pdf · doi:10.48550/arxiv.2111.11193
openalex publication_date 2021/11/22 · openalex created_date 2022/07/25 · openalex updated_date 2026/07/28
The possibilities to involve small-scale prosumers for ancillary services in the distribution grid through aggregators and local flexibility markets question whether it is profitable for prosumers to oversize proactively. In this analysis, a Python model is developed to identify the cost-optimal operation plan of the PV-battery system and to evaluate the device flexibility. An economic assessment is carried out to derive the cost-benefit of sizing based on the mean electricity price. A sensitivity analysis is performed with the above results to study the profitable sizing of PV-battery systems with flexibility services. The results show a promising advantage of oversizing although limitations prevail with the extent of flexibility services offered.