Overview and Comparative Study of Energy Management Strategies for Residential PV Systems with Battery Storage

Abstract

PV and battery systems have been widely deployed in residential applications due to increasing environmental concerns and fossil energy prices. Energy management strategies play an important role in reducing energy bills and maximize profits. This paper first reviews the state of energy management problems, including commonly used objectives, constraints, and solutions for PV and battery applications. Then, a comparative study of different energy management strategies is conducted based on a real applied product and household profile. Moreover, results are discussed, and suggestions are given for different scenarios. Finally, conclusions and insights into future directions are also provided.