Photovoltaic (PV) and energy storage: a viable symbiosis or an overrated investment?

Photovoltaic (PV) and energy storage: a viable symbiosis or an overrated investment?

The quick answer is – it depends… Technical cost-benefit analysis of a PV system complemented with energy storage for increased electricity self-sufficiency. Questions In order to properly analyze the costs and benefits of complementing a PV system with a storage system to increase self-sufficiency, several questions need to be answered. In the following, these questions…

Peak shaving with energy storage: peak shaving level as a function of the energy storage capacity for a given load profile

Peak shaving with energy storage: peak shaving level as a function of the energy storage capacity for a given load profile

Background Peak shaving has been around for many years and it still has some interesting applications. One obvious application is the reduction of high load peaks of industrial processes in order to reduce the demand charge which is determined by the maximum load that occurred within a given time frame, i.e. the lower the peak…