Flywheel storage for photovoltaics: an economic evaluation of two applications

A worth analysis is made for an advanced flywheel storage concept for tandem operation with photovoltaics currently being developed at MIT/Lincoln Laboratories. The applications examined here are a single family residence and a multi-family load center, 8 kWp and 100 kWp, respectively. The objective...

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Main Author: Dinwoodie, Thomas L.
Published: Cambridge : Massachusetts Institute of Technology, Energy Laboratory in association with the Sloan School of Management and the Dept, of Urban Studies and Planning, 1980 2011
Subjects:
Online Access:http://hdl.handle.net/1721.1/60527
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author Dinwoodie, Thomas L.
author_facet Dinwoodie, Thomas L.
author_sort Dinwoodie, Thomas L.
collection MIT
description A worth analysis is made for an advanced flywheel storage concept for tandem operation with photovoltaics currently being developed at MIT/Lincoln Laboratories. The applications examined here are a single family residence and a multi-family load center, 8 kWp and 100 kWp, respectively. The objectives were to determine optimal flywheel sizing for the various operating environments and to determine the financial parameters that would affect market penetration. The operating modes included both utility interface and remote, stand-alone logics. All studies were performed by computer simulation.
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publisher Cambridge : Massachusetts Institute of Technology, Energy Laboratory in association with the Sloan School of Management and the Dept, of Urban Studies and Planning, 1980
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spelling mit-1721.1/605272019-04-12T11:39:04Z Flywheel storage for photovoltaics: an economic evaluation of two applications Dinwoodie, Thomas L. Photovoltaic power generation. Flywheels. A worth analysis is made for an advanced flywheel storage concept for tandem operation with photovoltaics currently being developed at MIT/Lincoln Laboratories. The applications examined here are a single family residence and a multi-family load center, 8 kWp and 100 kWp, respectively. The objectives were to determine optimal flywheel sizing for the various operating environments and to determine the financial parameters that would affect market penetration. The operating modes included both utility interface and remote, stand-alone logics. All studies were performed by computer simulation. The analysis concludes that flywheel systems are more attractive in residential applications, primarily because of differences in financing parameters and, in particular, the discount rate. In all applications flywheel storage is seen to increase the optimum size of a photovoltaic system. For stand-alone environments, optimum configuration sizing is fairly insensitive to hardware cost of photovoltaics and flywheels for a given reliability when no diesel generator is included. Overall, the worth analysis finds a high sensitivity in the areas of discount rate, PV capital cost, flywheel capital cost, and diesel fuel costs. 2011-01-13T18:47:31Z 2011-01-13T18:47:31Z 1980 http://hdl.handle.net/1721.1/60527 06691112 Energy Laboratory report (Massachusetts Institute of Technology. Energy Laboratory) no. MIT-EL 80-002. 90 p application/pdf Cambridge : Massachusetts Institute of Technology, Energy Laboratory in association with the Sloan School of Management and the Dept, of Urban Studies and Planning, 1980
spellingShingle Photovoltaic power generation.
Flywheels.
Dinwoodie, Thomas L.
Flywheel storage for photovoltaics: an economic evaluation of two applications
title Flywheel storage for photovoltaics: an economic evaluation of two applications
title_full Flywheel storage for photovoltaics: an economic evaluation of two applications
title_fullStr Flywheel storage for photovoltaics: an economic evaluation of two applications
title_full_unstemmed Flywheel storage for photovoltaics: an economic evaluation of two applications
title_short Flywheel storage for photovoltaics: an economic evaluation of two applications
title_sort flywheel storage for photovoltaics an economic evaluation of two applications
topic Photovoltaic power generation.
Flywheels.
url http://hdl.handle.net/1721.1/60527
work_keys_str_mv AT dinwoodiethomasl flywheelstorageforphotovoltaicsaneconomicevaluationoftwoapplications