Table 1

Abbreviations and nomenclature

SymbolsAcronymsSymbolsAcronyms
A. IndicesElStand-by losses of the battery
yIndex of yearbdBattery yearly degradation rate
dIndex of dayπy,d,tPrice of electricity in hour t of day d of year y
tIndex of hourπy,d,tCost of electricity in hour t of day d of year y
B. SetsPmaxh/PminhMaximum/minimum capacity of the inverter unit
ΞTSet of hours at each day of the scheduling horizonPmaxinMaximum allowable power import from the grid
ΞDSet of days in each yearPmaxenMaximum allowable power export to the grid
ΞYSet of yearsPmaxch/PminchMaximum/minimum charging rate for battery
C. ParametersηinvηbEfficiency of inverter/battery
iYearly interest rateD. Variables
AmaxMaximum allowable number of PV panelsANumber of PV panels with power generation P̅y,d,t
BmaxMaximum allowable number of batteriesByNumber of batteries with the capacity of E in year y
LTTpvLifetime of PV panelsTByTotal usable storage capacity of the batteries in year y
LTnbLifetime of batterySOCy,d,tBattery state of charge at each time
CpvPrice of PV panel with power generation P̅y,d,tPy,d,tinImport electricity from the grid in hour t of day d of year y
CybPrice of battery with the capacity of E in year yPy,d,tenExport electricity to the grid in hour t of day d of year y
CymPVAnnual maintenance cost per kilowatt of PV.Py,d,tdmpDumped power in hour t of day d of year y
CymBAnnual maintenance cost per kilowatt of BatteryPy,d,tchBattery Charging in hour t of day d of year y
P̅y,d,tForecasted power generation by each PV unitPy,d,tvTotal PV generation in hour t of day d of year y
L̅y,d,tForecast electric load in hour t of day d of year yPy,d,tdtInverter input in hour t of day d of year y
ECapacity of batteryPy,d,thInverter output in hour t of day d of year y
EminMinimum energy level of batteryPy,d,tchBattery charging in hour t of day d of year y
EintInitial energy level of battery in y=d=t=0Py,d,tdchBattery discharging in hour t of day d of year y

or Create an Account

Close Modal
Close Modal