Assessing the Cost of Energy Independence

M.R. Jongerden, Jannik Hüls, Boudewijn R.H.M. Haverkort, Anne Katharina Ingrid Remke

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    8 Citations (Scopus)

    Abstract

    Battery management strategies that reserve a certain capacity for power outages are able to increase the energy independence of a smart home. However, such strategies come at a certain cost, since these storage strategies are less flexible and energy from the grid may have to be bought at a high price, even though locally produced energy is still available in the battery, but reserved for power outage periods. This paper evaluates the cost of energy independence in smart homes with local energy generation, local storage, stochastic grid outages and seasonal demand and production profiles. As case study we use a house with matching demand and production. We provide a seasonal dependent battery management strategy, that reduces the costs of surviving grid outages. Compared to a system that maximizes self-use, the costs to achieve a survivability of 99.999% are approximately 41 euro per year for 1 MWh demand.
    Original languageUndefined
    Title of host publicationProceedings of the IEEE International Energy Conference, ENERGYCON 2016
    Place of PublicationUSA
    PublisherIEEE Power & Energy Society
    Pages1-6
    Number of pages6
    ISBN (Print)978-1-4673-8464-3
    DOIs
    Publication statusPublished - Apr 2016
    Event2016 IEEE International Energy Conference, ENERGYCON 2016 - Leuven, Belgium
    Duration: 4 Apr 20168 Apr 2016
    http://www.ieee-energycon2016.org/

    Publication series

    Name
    PublisherIEEE Aerospace and Electronic Systems Society

    Conference

    Conference2016 IEEE International Energy Conference, ENERGYCON 2016
    Abbreviated titleENERGYCON
    CountryBelgium
    CityLeuven
    Period4/04/168/04/16
    Internet address

    Keywords

    • EWI-26955
    • IR-101071
    • METIS-318450

    Cite this

    Jongerden, M. R., Hüls, J., Haverkort, B. R. H. M., & Remke, A. K. I. (2016). Assessing the Cost of Energy Independence. In Proceedings of the IEEE International Energy Conference, ENERGYCON 2016 (pp. 1-6). USA: IEEE Power & Energy Society. https://doi.org/10.1109/ENERGYCON.2016.7514139