publication . Conference object . 2019

On the Value Proposition of Battery Energy Storage in Self-Consumption Only Scenarios: A Case-Study in Madeira Island

Jonathan Cavaleiro; Lucas Pereira;
Open Access
  • Published: 14 Oct 2019
  • Publisher: IEEE
Abstract
This paper presents a Techno-Economic assessment of the value proposition of introducing battery energy storage in the Madeira Island electric grid, where only micro-production for self-consumption is currently allowed. The evaluation was conducted against two local micro-producers using one year of energy consumption and solar PV production measurements. The assessments considered three different pairs of battery capacity/inverter size, and the outputs analyzed considering self-consumption, self-sufficiency, and energy costs. The results show that despite the increase in self-consumption and self-sufficiency, the value proposition of battery energy storage is s...
Persistent Identifiers
Subjects
free text keywords: Grid, Automotive engineering, Value proposition, Energy consumption, Battery energy storage, Environmental science, Photovoltaic system, Inverter, State of charge, Best value
Funded by
EC| SMILE
Project
SMILE
SMart IsLand Energy systems
  • Funder: European Commission (EC)
  • Project Code: 731249
  • Funding stream: H2020 | IA
Communities
SDSN - GreeceSustainable Development Projects: SMart IsLand Energy systems
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