Paper Conference

Proceedings of ASHRAE/IBPSA-USA Building Simulation Conference

     

Right-Sizing a Residential Photovoltaic System under the Influence of Demand Response Programs and in the Presence of System Uncertainties

Yuna Zhang, Godfried Augenbroe
Georgia Institute of Technology, Atlanta, GA

Abstract: This paper presents a study on how to right-size the most cost-effective residential photovoltaic (PV) system based on its net present value (NPV). We apply the right sizing methodology for different Demand Response (DR) programs and different US locations. The paper concludes that the proposed right-sizing method can help home owners determine the appropriate size for the PV system as well as help them understand the trade-offs in cost benefit between only installing a PV system and enrolling in a DR program in addition to installing a PV system. This is illustrated by showing the effect of contextual parameters on the optimum size of the PV array.
Pages: 211 - 218
Paper:
simbuild2014_27