Effects of Reliability Index on Optimal Configuration of Hybrid Solar/Battery Energy System by Optimization Approach: A Case Study

Abstract

Stand-alone hybrid energy systems based on solar and energy storage are an effective option for rural areas to meet the load demand. The objective of the current work is to the optimal configuration of a stand-alone hybrid photovoltaic/battery energy storage system with the help of an efficient metaheuristic algorithm, improved harmony search, to supply electrical of a residential load in Iran. The objective function is a minimization of total life cycle cost (TLCC) subject to the reliability index (loss of load probability). The optimal configurations of hybrid systems are compared in respect of different losses of load probability (0 to 20%). Sensitivity analysis and effects of economic parameters based on photovoltaic and battery prices are carried out to study the possibility of the suggested scheme. The results show that, by increasing the reliability index from 0 to 20%, the optimal number of panels and batteries decreases by 52 and 1202. Also, it is found that the TLCC of the system and cost of system components are increased by decreasing of the reliability index value.