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Cost implications of rooftop solar PV with batteries on industrial and commercial customers in Sri Lanka

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dc.contributor.advisor Lucas JR
dc.contributor.author Herath SV
dc.date.accessioned 2022
dc.date.available 2022
dc.date.issued 2022
dc.identifier.citation Herath, S.V. (2022). Cost implications of rooftop solar PV with batteries on industrial and commercial customers in Sri Lanka [Master's theses, University of Moratuwa]. Institutional Repository University of Moratuwa. http://dl.lib.uom.lk/handle/123/22465
dc.identifier.uri http://dl.lib.uom.lk/handle/123/22465
dc.description.abstract Electricity is one of the key factors for the business of industrial and commercial customers in a particular location. Therefore, the Government and local authorities have introduced special tariff schemes to provide electricity in a cost-effective manner. On the other hand, the tariff structures are focused to reduce the stress for the grid operation by the utility provider. With the advantage of being a tropical country, Sri Lanka is having higher solar irradiation throughout the year and most of the electricity consumers are willing to install rooftop solar systems into their facility. The excess solar production can be sold back to the utility provider by several methods, as preferred by the consumer. However, the utility provider is facing many difficulties related to the technical and financial perspective, to absorb the total solar production by the consumers. Therefore, in this research, the management of the own solar production by the consumer, either grid connected or in islanded operation mode, has been speculated. The research is primarily focused on real-time based management of solar generation which is allocated for loads, charging, controllable load dispatching, and shedding is decided. Finally, the load is matched with the available power sources in the basis of optimum cost. As the optimization technique, quadrature optimization has been used. A selected industrial purpose customer and a general-purpose customer were used to analyze the data. Calculation of the unit costs for the solar energy and battery bank was done based on the LCOE formula and this represents the lifecycle cost of the energy sources based on the lifetime energy generation. The program is used to calculate the optimum battery capacity for an industrial and a general-purpose customer in Sri Lanka with the financial values in 2018 as indicated in annex 7. Also, in both cases the effect of the solar energy generation was varied to identify the change of the profit of the installations. It could be observed that when reducing the daily solar power generation, profit was drastically reduced. As an example, in relation to the data for Case B and Case E when solar generation was reduced by 17% profit was reduced by 24% for GP customer. Furthermore, the calculations were made to identify the profit changes for BST which represent the actual cost for the utility in 2018. In this case the average profit for each case was reduced by 150% ending with a loss for the investment. Also, the calculation was done for the new financial figures in 2022 November and the profits were reduced by 330% and the investment is found to be not feasible with the available figures. n conclusion, the method proposed is feasible to use to evaluate the initial investment for solar PV systems and battery energy storage (BES) systems. However, the tariff rates as well as the financial figures like fuel cost, exchange rate formulate a considerable impact on the result. Therefore, the financial figures provided in 2018 provides a profit generation but in 2022 the optimized solutions are not feasible due to changes of the financial figures. However, the method provided in this thesis can be used to calculate feasibility of solar and battery installation for any customer. en_US
dc.language.iso en en_US
dc.subject SOLAR PV en_US
dc.subject BATTERY STORAGE SYSTEMS en_US
dc.subject ROOFTOP SOLAR PV en_US
dc.subject CUSTOMERS - Sri Lanka en_US
dc.subject ELECTRICAL ENGINEERING - Dissertation en_US
dc.title Cost implications of rooftop solar PV with batteries on industrial and commercial customers in Sri Lanka en_US
dc.type Thesis-Abstract en_US
dc.identifier.faculty Engineering en_US
dc.identifier.degree MSc in Electrical Engineering en_US
dc.identifier.department Department of Electrical Engineering en_US
dc.date.accept 2022
dc.identifier.accno TH5123 en_US


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