Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system
Solar-powered building-vehicles systems with multi-diversified battery storage systems can be used to realise renewable self-consumption and economic cost savings by reducing grid purchase. Purchasing lower cost energy to store in battery storage systems during the utility off-peak period and consum...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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Nanyang Technological University
2022
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| Online Access: | https://hdl.handle.net/10356/158209 |
| _version_ | 1824456533442822144 |
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| author | Lee, Noven |
| author2 | Gooi Hoay Beng |
| author_facet | Gooi Hoay Beng Lee, Noven |
| author_sort | Lee, Noven |
| collection | NTU |
| description | Solar-powered building-vehicles systems with multi-diversified battery storage systems can be used to realise renewable self-consumption and economic cost savings by reducing grid purchase. Purchasing lower cost energy to store in battery storage systems during the utility off-peak period and consuming them during the peak period enables savings from the energy cost difference. Further savings can be achieved by reducing excess demand charges. The time at which energy is stored and released is key to managing grid purchases for the lowest net present cost. Using HOMER Grid for the simulation, a charging and discharging schedule was derived. The schedule enables further savings from excess demand charges on top of arbitrage and is recommended for techno-economic performance enhancement. |
| first_indexed | 2025-02-19T03:55:37Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/158209 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2025-02-19T03:55:37Z |
| publishDate | 2022 |
| publisher | Nanyang Technological University |
| record_format | dspace |
| spelling | ntu-10356/1582092023-07-07T19:30:33Z Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system Lee, Noven Gooi Hoay Beng School of Electrical and Electronic Engineering EHBGOOI@ntu.edu.sg Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution Solar-powered building-vehicles systems with multi-diversified battery storage systems can be used to realise renewable self-consumption and economic cost savings by reducing grid purchase. Purchasing lower cost energy to store in battery storage systems during the utility off-peak period and consuming them during the peak period enables savings from the energy cost difference. Further savings can be achieved by reducing excess demand charges. The time at which energy is stored and released is key to managing grid purchases for the lowest net present cost. Using HOMER Grid for the simulation, a charging and discharging schedule was derived. The schedule enables further savings from excess demand charges on top of arbitrage and is recommended for techno-economic performance enhancement. Bachelor of Engineering (Electrical and Electronic Engineering) 2022-05-31T14:09:49Z 2022-05-31T14:09:49Z 2022 Final Year Project (FYP) Lee, N. (2022). Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/158209 https://hdl.handle.net/10356/158209 en A1054-211 application/pdf Nanyang Technological University |
| spellingShingle | Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution Lee, Noven Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title | Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title_full | Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title_fullStr | Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title_full_unstemmed | Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title_short | Grid-responsive battery charging/discharging schedules for multi-objective optimisation of a solar powered building-transportation system |
| title_sort | grid responsive battery charging discharging schedules for multi objective optimisation of a solar powered building transportation system |
| topic | Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution |
| url | https://hdl.handle.net/10356/158209 |
| work_keys_str_mv | AT leenoven gridresponsivebatterychargingdischargingschedulesformultiobjectiveoptimisationofasolarpoweredbuildingtransportationsystem |