Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers

Large sports centers are characterized by special energy demand profiles compared to other facilities. The aim of this work is to assess the economic investment of photovoltaics (PVs) on a sport center microgrid using different charging methods and by efficiently exploiting the PV generation. The ov...

Full description

Bibliographic Details
Main Authors: Emmanuel Karapidakis, George Konstantinidis, Nectarios Vidakis, Sofia Yfanti
Format: Article
Language:English
Published: MDPI AG 2022-08-01
Series:Applied System Innovation
Subjects:
Online Access:https://www.mdpi.com/2571-5577/5/4/78
_version_ 1797439555114106880
author Emmanuel Karapidakis
George Konstantinidis
Nectarios Vidakis
Sofia Yfanti
author_facet Emmanuel Karapidakis
George Konstantinidis
Nectarios Vidakis
Sofia Yfanti
author_sort Emmanuel Karapidakis
collection DOAJ
description Large sports centers are characterized by special energy demand profiles compared to other facilities. The aim of this work is to assess the economic investment of photovoltaics (PVs) on a sport center microgrid using different charging methods and by efficiently exploiting the PV generation. The overall work is performed in the following three steps. The first step is the energy requirement analysis, the second focuses on a PEV charging strategy proposition in order to exploit the PV generation, grid electricity price, and Vehicle-to-Grid (V2G), and the third step is the net present value (NPV) analysis of the PV investment in the different scenarios. The simulations showed that the proposed charging strategy increases the NPV. In addition, the increment of PEV penetration rate leads to the maximization of the NPV. The energy and costs analysis are carried out for an application case in the Olympic Athletic Centre of Athens.
first_indexed 2024-03-09T11:55:43Z
format Article
id doaj.art-970089b2a0ad48bc830e1866e83c4291
institution Directory Open Access Journal
issn 2571-5577
language English
last_indexed 2024-03-09T11:55:43Z
publishDate 2022-08-01
publisher MDPI AG
record_format Article
series Applied System Innovation
spelling doaj.art-970089b2a0ad48bc830e1866e83c42912023-11-30T23:09:47ZengMDPI AGApplied System Innovation2571-55772022-08-01547810.3390/asi5040078Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV ChargersEmmanuel Karapidakis0George Konstantinidis1Nectarios Vidakis2Sofia Yfanti3Department of Electrical and Computer Engineering, Hellenic Mediterranean University, GR-71410 Heraklion, GreeceDepartment of Electrical and Computer Engineering, Hellenic Mediterranean University, GR-71410 Heraklion, GreeceDepartment of Mechanical Engineering, Hellenic Mediterranean University, GR-71410 Heraklion, GreeceDepartment of Mechanical Engineering, Hellenic Mediterranean University, GR-71410 Heraklion, GreeceLarge sports centers are characterized by special energy demand profiles compared to other facilities. The aim of this work is to assess the economic investment of photovoltaics (PVs) on a sport center microgrid using different charging methods and by efficiently exploiting the PV generation. The overall work is performed in the following three steps. The first step is the energy requirement analysis, the second focuses on a PEV charging strategy proposition in order to exploit the PV generation, grid electricity price, and Vehicle-to-Grid (V2G), and the third step is the net present value (NPV) analysis of the PV investment in the different scenarios. The simulations showed that the proposed charging strategy increases the NPV. In addition, the increment of PEV penetration rate leads to the maximization of the NPV. The energy and costs analysis are carried out for an application case in the Olympic Athletic Centre of Athens.https://www.mdpi.com/2571-5577/5/4/78PEVsdistribution systemsmart chargingrule-based algorithmV2GNPV
spellingShingle Emmanuel Karapidakis
George Konstantinidis
Nectarios Vidakis
Sofia Yfanti
Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
Applied System Innovation
PEVs
distribution system
smart charging
rule-based algorithm
V2G
NPV
title Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
title_full Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
title_fullStr Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
title_full_unstemmed Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
title_short Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers
title_sort economic assessment of photovoltaics sizing on a sports center s microgrid equipped with pev chargers
topic PEVs
distribution system
smart charging
rule-based algorithm
V2G
NPV
url https://www.mdpi.com/2571-5577/5/4/78
work_keys_str_mv AT emmanuelkarapidakis economicassessmentofphotovoltaicssizingonasportscentersmicrogridequippedwithpevchargers
AT georgekonstantinidis economicassessmentofphotovoltaicssizingonasportscentersmicrogridequippedwithpevchargers
AT nectariosvidakis economicassessmentofphotovoltaicssizingonasportscentersmicrogridequippedwithpevchargers
AT sofiayfanti economicassessmentofphotovoltaicssizingonasportscentersmicrogridequippedwithpevchargers