Impact of Demand-Solar Irradiance Correlation on the Optimal Sizing of ESS for PV Generators

  • Seungyeop Baek
  • , Yejin Choi
  • , Byeongchang Lim
  • , Yeuntae Yoo
  • , Inchan Hong
  • , Seungmin Jung

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Photovoltaic generation is highly sensitive to weather changes, resulting in significant diurnal variations. In addition to diurnal variations, energy demand is also influenced by the climate of the demand region. These factors can lead to reduced system stability and profitability, making the integration of Energy Storage System (ESS) with PV farms even more critical. In this context, it is essential to consider the impact of the correlation between solar irradiance and demand on the optimization of ESS capacity and scheduling. This article analyzes the impact of the correlation between irradiance and demand on ESS planning in PV systems, considering three distinct climate scenarios. For this purpose, correlation coefficients are calculated, and the ESS's size and schedule are optimized in each scenario. The optimization focuses on maximizing annual profits by determining the optimal ESS size and daily schedule. The Pearson correlation coefficient is used for correlation analysis, while the Gurobi Optimizer is employed for ESS optimization. In conclusion, the optimal ESS size was derived differently across scenarios with varying correlations, suggesting that considering the solar irradiance-demand correlation in the installation region when integrating ESS with a PV system could enhance cost efficiency.

Original languageEnglish
Title of host publication13th International Conference on Renewable Energy Research and Applications, ICRERA 2024
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1169-1174
Number of pages6
ISBN (Electronic)9798350375589
DOIs
StatePublished - 2024
Event13th International Conference on Renewable Energy Research and Applications, ICRERA 2024 - Nagasaki, Japan
Duration: 9 Nov 202413 Nov 2024

Publication series

Name13th International Conference on Renewable Energy Research and Applications, ICRERA 2024

Conference

Conference13th International Conference on Renewable Energy Research and Applications, ICRERA 2024
Country/TerritoryJapan
CityNagasaki
Period9/11/2413/11/24

Keywords

  • Correlation
  • Energy Storage System
  • Optimization
  • Photovoltaic
  • System Marginal Price

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