Techno-Economic Analysis on Using Battery Storage System with Household PV Panels

Abstract

Small-scale PV power generation has been developed in recent years. Power output fluctuations and incapability of energy storing are two main drawbacks of this system. Battery storage system can effectively improves the drawbacks of household PV, but on the other side batteries have high capital cost. In this paper, a techno-economical analysis with two different power management algorithms has been carried out to evaluate the project of using batteries in household PV system. The results indicate that this project can be economically feasible if the government applied incentive policies for household PV systems.