Journal
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
Volume 112, Issue -, Pages 555-570Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.rser.2019.06.007
Keywords
Distributed energy resources; Techno-economic assessment; Home energy management; Solar PV; Battery storage; Battery degradation
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The home energy management problem has many different facets, including economic viability, data uncertainty and quality of strategy employed. The existing literature in this area focuses on individual aspects of this problem without a detailed, holistic analysis of the results with regards to practicality in implementation. In this paper, we fill this gap by performing a comprehensive comparison of seven different energy management strategies, each with different levels of practicality, sophistication and computational requirements. We analyse the results in the context of these three characteristics, and also critique the modelling assumptions made by each strategy. Our analysis finds that using a more sophisticated energy management strategy may not necessarily improve the performance and economic viability of the PV-battery system due to the effects of modelling assumptions, such as the treatment of uncertainties in the input data and battery degradation effects.
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