13th Annual International Conference on Industrial Engineering and Operations Management

Lowering Cost of Photovoltaic Systems Using Forecast Dependent Design, Monitoring and Management Methodology

Raghed Melhem, Maram Hussam, Maryam Alnuaimi & Ali Abou Elnour
Publisher: IEOM Society International
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Track: Sustainability and Green Systems
Abstract

Abstract

The target of current work is to cut off the cost of solar energy systems by using weather forecasting to predict energy production and implementing energy management measures to optimize the use of energy and reduce the need for energy storage. For standalone systems, this can include reducing the number of PV panels and battery banks, while still ensuring that there is enough energy to meet user needs. The energy management system you describe monitors the power level of the storage elements and adaptively controls switching to minimize the number of panels and battery banks needed. For grid-connected systems, the goal is to calculate the energy produced by the system and use that information to arrive at a zero-balance bill, considering the user's daily and nighttime energy consumption. The proposed energy management procedures are designed to reduce costs by optimizing the use of energy. the percentage of cost reduction has been determined for both types of systems.

Published in: 13th Annual International Conference on Industrial Engineering and Operations Management, Manila, Philipines

Publisher: IEOM Society International
Date of Conference: March 7-9, 2023

ISBN: 979-8-3507-0543-0
ISSN/E-ISSN: 2169-8767