Publication detail

Strategic integration of residential electricity: An optimisation model for solar energy utilisation and carbon reduction

Pan, T (Pan, Ting) Oclon, P (Oclon, Pawel) He, LH (He, Linhuan) Van Fan, Y (Van Fan, Yee) Zhang, SH (Zhang, Shuhao) [5] Wang, BH (Wang, Bohong) Nowak-Oclon, M (Nowak-Oclon, Marzena) Tóth, A (Toth, Arpad) Varbanov, PS (Varbanov, Petar Sabev

Original Title

Strategic integration of residential electricity: An optimisation model for solar energy utilisation and carbon reduction

Type

journal article in Web of Science

Language

English

Original Abstract

The Solar Combined Cooling, Heating, and Power (S-CCHP) system, distinct from traditional centralised generation, provides clean energy solutions by installing user-side renewable energy capture facilities like solar panels to address the energy crisis and mitigate global warming. Previous research on the design of S-CCHP for buildings has often emphasised self-sufficiency, with less focus on the role of these systems as energy suppliers on the market. However, it is feasible to install scaled-up solar facilities that generate enough power to export to the grid, reducing grid pressure and enhancing the renewable energy mix. This study analyses the optimal design deployment for electricity within the S-CCHP system, based on the Renewable Energy System for Residential Building Heating and Electricity Production (RESHeat) system installed in Limanowa. It aims to optimise owner energy deployment by strategically integrating electricity generation, hybrid storage, and the electricity market to maximise owner benefits. A Life Cycle Assessment is also conducted to explore greenhouse gas emissions across scenarios with different storage facilities and reuse rates. Results show that the optimal deployment of 264 PV panels, each with a rated power of 440 W, generates 105 MWh annually, resulting in the surplus of 90.18 MWh with a selling price of 115 EUR/MWh. Vanadium redox flow batteries offer the highest revenue (4922.01 EUR) with the lowest storage costs, while lithium-ion batteries have the lowest carbon emissions (1.22 t CO2 2 eq/ y). Sensitivity analysis and revenue break-even analysis are further conducted to assess the robustness and financial viability.

Keywords

Optimisation; LCA; Hybrid storage; Battery; PV panel

Authors

Pan, T (Pan, Ting); Oclon, P (Oclon, Pawel); He, LH (He, Linhuan); Van Fan, Y (Van Fan, Yee); Zhang, SH (Zhang, Shuhao) [5] ; Wang, BH (Wang, Bohong); Nowak-Oclon, M (Nowak-Oclon, Marzena) ; Tóth, A (Toth, Arpad); Varbanov, PS (Varbanov, Petar Sabev

Released

30. 11. 2024

Publisher

PERGAMON-ELSEVIER SCIENCE LTD

Location

OXFORD

ISBN

0360-5442

Periodical

Energy

Year of study

310

Number

310

State

United Kingdom of Great Britain and Northern Ireland

Pages from

133227

Pages to

133227

Pages count

12

URL

https://www.sciencedirect.com/science/article/pii/S0360544224030020

BibTex

@article{BUT196916,
  author="Pan, T (Pan, Ting) and Oclon, P (Oclon, Pawel) and He, LH (He, Linhuan) and Van Fan, Y (Van Fan, Yee) and Zhang, SH (Zhang, Shuhao) [5] and Wang, BH (Wang, Bohong) and Nowak-Oclon, M (Nowak-Oclon, Marzena) and Tóth, A (Toth, Arpad) and Varbanov, PS (Varbanov, Petar Sabev",
  title="Strategic integration of residential electricity: An optimisation model for solar energy utilisation and carbon reduction",
  journal="Energy",
  year="2024",
  volume="310",
  number="310",
  pages="12",
  doi="10.1016/j.energy.2024.133227",
  issn="0360-5442",
  url="https://www.sciencedirect.com/science/article/pii/S0360544224030020"
}