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...
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Format: | Article |
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MDPI AG
2022-08-01
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Series: | Applied System Innovation |
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Online Access: | https://www.mdpi.com/2571-5577/5/4/78 |
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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 |
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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 |
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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 |