Connect with us

Solar Energy

Is it worth investing in solar PV with batteries at home?

Published

on

Is it worth investing in solar PV with batteries at home?

Solar energy is a clean, renewable source of electricity that could potentially play a significant part in fulfilling the world’s energy requirements, but there are still some challenges to fully capitalizing on this potential. Researchers looked into some of the issues that hamper the uptake of solar energy and proposed different policies to encourage the use of this technology.

Installing solar panels to offset energy costs and reduce the environmental impact of their homes has been gaining popularity with homeowners in recent years. On a global scale, an increasing number of countries are similarly encouraging the installation of solar photovoltaics (PV) at residential buildings to increase the share of renewable energy in their energy mix and enhance energy security. Despite the promising advantages this mode of electricity generation offers there are still a number of challenges that need to be overcome.

Batteries to store excess electricity

Solar PV electricity generation peaks during the day when electricity demand is low, resulting in overproduction – especially on weekdays when people are usually not at home. Currently, this excess electricity supply is typically exported to the central electricity grid, but ideally, homes that have solar panels should be able to store overproduction of solar electricity, for example, using batteries, and consume it in the evening when demand is high and there is no solar electricity generation.

The problem is that the investment cost for batteries is currently quite high, which makes it economically unprofitable for consumers to pair their solar PV with a battery. In their new study published in the journal Applied Energy, researchers from IIASA, University College London, UK, and Aalto University, Finland, looked into this challenge and proposed different policies to encourage residential electricity consumers to pair solar PV with battery energy storage.

“We wanted to determine whether investing in residential solar PV combined with battery energy storage could be profitable under current market conditions for residential consumers and what kind of support policies can be used to enhance the profitability of stand-alone batteries or PV-battery systems.

On top if this, we also wanted to compare the system (or regulatory) cost of each PV-battery policy to the benefit of that particular policy for residential consumers who invest in these technologies,” explains lead author Behnam Zakeri, a researcher with the IIASA Energy, Climate, and Environment Program.

Benefits of using battery storage

The study shows that without a battery, homeowners only use 30-40% of the electricity from their solar PV panels, while the rest of the electricity is exported to the grid with very little to no benefit for the owner. With a home battery, the self-consumption of solar PV in the building almost doubles, allowing the residents to reduce electricity imports from the grid by up to 84%, which can in turn help the owner to become less dependent on the grid and electricity prices.

In addition, the researchers found that while PV-batteries are presently not really profitable for residential consumers, they can become so with the implementation of slightly different policies and regulations, even in high-latitude countries where solar irradiation is relatively low.

Energy policies for a decentralized energy system

The authors propose some novel energy storage polices that offer a positive return on investment between 40% and 70% for residential PV-battery storage, depending on the policy. These include, among others that national renewable energy policies adopt more innovative incentives to enhance the economic profitability of decentralized green energy solutions based on the contribution of these systems to the grid.

The results indicate that this can be easily achieved by, for example, rewarding consumers for using their solar PV generation onsite, instead of encouraging them to export the excess solar energy they produce to the grid.

The researchers further posit that the way utility companies and electricity distribution firms generate income today may itself be a hindrance to promoting the self-consumption of renewable energy in buildings, as these companies generally charge consumers for each unit of electricity imported from the grid.

If consumers therefore become independent from the grid, grid operators and utility companies would lose a significant part of their income. Such a scenario calls for new business models and operating modes to guarantee that central utilities do not see decentralized solutions as a threat to their revenues.

In today’s renewable electricity generation environment, capital subsidies are one option to partly pay for investment in batteries. The study points out that these policies are costly for the system, and may not automatically result in system-level benefits as they do not reward the optimal use of batteries. In this regard, Zakeri and his colleagues propose a “storage policy” that rewards residential battery owners to store and discharge electricity whenever the system needs it.

The profitability of PV-battery systems of course also depends on the type of retail pricing mechanism in the system. The findings indicate that dynamic electricity pricing at the consumer side, such as hourly electricity prices with an enhanced gap between off-peak and peak prices, will encourage consumers to use home batteries to benefit from charging at low price hours and discharging the battery when the electricity price is high. This way of operating a home battery could help reduce the pressure on the electricity grid at peak times, which has significant benefits for the system.

“Traditional, central energy structures are transitioning to new systems based on decentralized, renewable energy solutions. This requires more flexible, modern, and effective policies that can guarantee the social and economic benefits of the energy transition. We hope our analysis contributes to a better understanding of the role of some energy policies that can promote decentralized energy solutions,” Zakeri concludes.

Research Report: “Policy options for enhancing economic profitability of residential solar photovoltaic with battery energy storage”

Source link

Continue Reading
Click to comment

Leave a Reply

Solar Energy

Innovative approach to perovskite solar cells achieves 24.5% efficiency

Published

on

By

Innovative approach to perovskite solar cells achieves 24.5% efficiency


Innovative approach to perovskite solar cells achieves 24.5% efficiency

by Simon Mansfield

Sydney, Australia (SPX) Mar 28, 2024






In groundbreaking research published in Nano Energy, a team led by Prof. CHEN Chong at the Hefei Institutes of Physical Science, part of the Chinese Academy of Sciences, has significantly improved the performance of perovskite solar cells (PSCs). By integrating inorganic nano-material tin sulfoxide (SnSO) as a dopant, they have boosted the photoelectric conversion efficiency (PCE) of PSCs to an impressive 24.5%.

Traditional methods of enhancing the charge transport in the critical hole transport layer (HTL) of PSCs involve the use of lithium trifluoromethanesulfonyl imide (Li-TFSI) to facilitate the oxidation of the HTL material spiro-OMeTAD. However, this method suffers from low doping efficiency and can leave excess Li-TFSI in the spiro-OMeTAD film, reducing its compactness and long-term conductivity. Additionally, the oxidation process typically requires 10-24 hours to achieve the desired electrical conductivity and work function.



The HFIPS team’s innovation lies in their development of a rapid and replicable method to control the oxidation of nanomaterials, using SnSO nanomaterial to pre-oxidize spiro-OMeTAD in precursor solutions. This novel approach not only enhances conductivity but also optimizes the energy level position of the HTL, culminating in a high PCE of 24.5%.



One of the key advantages of the SnSO-regulated spiro-OMeTAD HTL is its pinhole-free, uniform, and smooth morphology, which maintains its performance and physical integrity even under challenging conditions of high temperature and humidity. Additionally, the oxidation process facilitated by this method is significantly faster, taking only a few hours- a crucial factor in improving the commercial production efficiency of PSCs.



Prof. CHEN Chong highlighted the importance of this breakthrough, stating, “Also, the oxidation process only takes a few hours, which is good for improving the commercial preparation efficiency of PSCs.” This advancement not only marks a significant leap in the efficiency and stability of PSCs but also holds substantial implications for their commercial viability.



Research Report:A nanomaterial-regulated oxidation of hole transporting layer for highly stable and efficient perovskite solar cells


Related Links

Hefei Institutes of Physical Science

All About Solar Energy at SolarDaily.com





Source link

Continue Reading

Solar Energy

Revolutionary technique boosts flexible solar cell efficiency to record high

Published

on

By

Revolutionary technique boosts flexible solar cell efficiency to record high


Revolutionary technique boosts flexible solar cell efficiency to record high

by Simon Mansfield

Sydney, Australia (SPX) Mar 28, 2024






Researchers at Tsinghua University have made a significant breakthrough in the efficiency of flexible solar cells, leveraging a novel fabrication technique to set a new efficiency record. This advancement addresses the longstanding challenge of the lower energy conversion efficiency in flexible solar cells compared to their rigid counterparts, offering promising implications for aerospace and flexible electronics applications.

Flexible perovskite solar cells (FPSCs), despite their potential, have historically lagged in efficiency due to the polyethylene terephthalate (PET)-based flexible substrate’s inherent softness and inhomogeneity. This limitation, coupled with durability issues arising from the substrate’s susceptibility to water and oxygen infiltration, has hindered the practical deployment of FPSCs.



The team from the State Key Laboratory of Power System Operation and Control at Tsinghua University, alongside collaborators from the Center for Excellence in Nanoscience at the National Center for Nanoscience and Technology in Beijing, introduced a chemical bath deposition (CBD) technique. This method facilitates the deposition of tin oxide (SnO2) on flexible substrates without the need for strong acids, which are detrimental to such substrates. Tin oxide is essential for the FPSCs as it acts as an electron transport layer, crucial for the cells’ power conversion efficiency.



Associate Professor Chenyi Yi, a senior author of the study, explained, “Our method utilizes SnSO4 tin sulfate instead of SnCl2 tin chloride, making it suitable for acid-sensitive flexible substrates. This approach not only enhances the efficiency of FPSCs but also their durability, with a new power conversion efficiency benchmark set at 25.09%, certified at 24.90%.”



The novel fabrication technique also contributes to the FPSCs’ stability, as demonstrated by the cells maintaining 90% of their initial efficiency after being bent 10,000 times. The researchers noted an improved high-temperature stability in SnSO4-based FPSCs over those made with SnCl2, pointing towards the dual benefits of efficiency and durability enhancements.



The research signifies a leap towards industrial-scale production of high-efficiency FPSCs, with potential applications ranging from wearable technology and portable electronics to aerospace power sources and large-scale renewable energy solutions. The team’s findings, supported by Ningyu Ren, Liguo Tan, Minghao Li, Junjie Zhou, Yiran Ye, Boxin Jiao, and Liming Ding, mark a pivotal step in transitioning FPSCs from laboratory to commercial use.



Research Report:25% – Efficiency flexible perovskite solar cells via controllable growth of SnO2


Related Links

Tsinghua University

All About Solar Energy at SolarDaily.com





Source link

Continue Reading

Solar Energy

KAUST advances in perovskite-silicon tandem cells

Published

on

By

KAUST advances in perovskite-silicon tandem cells


KAUST advances in perovskite-silicon tandem cells

by Sophie Jenkins

London, UK (SPX) Mar 28, 2024






In 2009, researchers introduced perovskite-based solar cells, highlighting the potential of methylammonium lead bromide and methylammonium lead iodide-known as lead halide perovskites-for photovoltaic research. These materials, notable for their excellent light-absorbing properties, marked the beginning of an innovative direction in solar energy generation. Since then, the efficiency of perovskite solar cells has significantly increased, indicating a future where they are used alongside traditional silicon in solar panels.

Erkan Aydin, Stefaan De Wolf, and their team at King Abdullah University of Science and Technology (KAUST) have explored how this tandem technology could transition from experimental stages to commercial production. Perovskites are lauded for their low-temperature production process and their flexibility in application, offering a lighter, more adaptable, and potentially cost-effective alternative to silicon-based panels.



Combining perovskite with silicon in a single solar cell leverages the strengths of both materials, enhancing sunlight utilization and reducing losses that aren’t converted into electrical energy. “The synergy between perovskite and silicon technologies in tandem cells captures a broader spectrum of sunlight, minimizing energy loss and significantly boosting efficiency,” Aydin notes.



However, Aydin and his colleagues acknowledge challenges in scaling tandem solar-cell fabrication for the marketplace. For instance, the process of depositing perovskite on silicon surfaces is complicated by the silicon’s texture. Traditional laboratory methods like spin coating are not feasible for large-scale production due to their inefficiency and material wastage. Alternatives such as slot-die coating and physical vapor deposition present their own set of advantages and challenges.



Moreover, the durability of perovskite components under environmental stressors such as moisture, heat, and light remains a critical concern. Aydin emphasizes the need for focused research to enhance the reliability and lifespan of perovskite/silicon tandem cells, especially in harsh conditions.



Although tandem modules have already been demonstrated in proof-of-concept stages, the timeline for their market readiness is uncertain. Nonetheless, the successful development of efficient, commercial-grade perovskite/silicon solar cells is essential for meeting global energy demands sustainably.



Research Report:Pathways toward commercial perovskite/silicon tandem photovoltaics


Related Links

King Abdullah University of Science and Technology

All About Solar Energy at SolarDaily.com





Source link

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.