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MES research in performance, energy. Developing countries like INDIA mainly depends on conventional sources to meet the energy demand bec...

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Abstract

Developing countries like INDIA mainly depends on conventional sources to meet the energy demand because of cheaper price. To meet the sustainable development goals every country is reducing their carbon footprint, this is possible when the energy generation can be shifted from conventional to renewable. As the energy demand is increasing, to meet the demand the penetration of renewable energy mainly photo voltaic panel (PV) is increasing exponentially on residential and commercial sites as they are eco-friendly in nature. However, the existing power plants are running on fossil fuel which are creating air pollution and burning the fossil fuel in huge amount. In this paper, a mathematical model is proposed of residential buildings which are integrated with PV and Battery Energy Storage (BES). Proposed model is a problem with maximizing the revenue from BES and minimizing the electricity bill of residential buildings in 2 different modes of operation. As indicated by the results, the electricity bill is reduced by using BES and PV.

Keywords

Renewable energyFossil fuelRevenueEnvironmental economicsElectricityCarbon footprint

Identifiers

DOI
10.1109/ICPS48983.2019.9067348
Journal
2019 8th International Conference on Power Systems (ICPS)
Year
2019