Economic Assessment of Photovoltaics Sizing on a Sports Center’s Microgrid Equipped with PEV Chargers

Abstract

Large sports centers are characterized by special energy demand profiles compared to other facilities. The aim of this work is to assess the economic investment of photovoltaics (PVs) on a sport center microgrid using different charging methods and by efficiently exploiting the PV generation. The overall work is performed in the following three steps. The first step is the energy requirement analysis, the second focuses on a PEV charging strategy proposition in order to exploit the PV generation, grid electricity price, and Vehicle-to-Grid (V2G), and the third step is the net present value (NPV) analysis of the PV investment in the different scenarios. The simulations showed that the proposed charging strategy increases the NPV. In addition, the increment of PEV penetration rate leads to the maximization of the NPV. The energy and costs analysis are carried out for an application case in the Olympic Athletic Centre of Athens.

Keywords

• PEVs
• distribution system
• smart charging
• rule-based algorithm
• V2G
• NPV