1School of Electrical Engineering, Institute of Engineering, Suranaree University of Technology, Nakhon Ratchasima, 30000, Thailand
2Energy Solution Business, Nuovo Plus Co., Ltd., Chatuchak, Bangkok 10900, Thailand
3Getz Energy Co.,Ltd., Chatuchak, Bangkok 10900, Thailand
BibTex Citation Data :
@article{IJRED62267, author = {Hideki Kakhai and Thipwan Fangsuwannarak and Jirut Rhianprayoon and Vijittra Saengpredekorn}, title = {Techno-economic evaluation of optimization and rule-based energy management for grid-tied PV-BESS prosumers}, journal = {International Journal of Renewable Energy Development}, volume = {15}, number = {6}, year = {2026}, keywords = {Techno-economic; Energy management; Prosumer; Photovoltaic-battery system; Optimize algorithm}, abstract = { This research investigates the techno-economic feasibility of an energy management system (EMS) for a grid-tied photovoltaic-battery energy storage system (PV-BESS) prosumer at a university campus. The study introduces an advanced Optimization-Based Control (OBC) framework, comparing Particle Swarm Optimization (PSO) and Genetic Algorithms (GA) against conventional Rule-Based Control (RBC). A primary contribution is the systematic simultaneous parameter-tuning framework, utilizing a grid-search methodology with 30 independent simulations per configuration to ensure statistically reliable BESS scheduling. Results demonstrate that OBC-PSO and OBC-GA achieved annual net profit improvements of 13.50% and 11.72%, respectively, by effectively leveraging Time-of-Use (TOU) arbitrage. Furthermore, precise optimization significantly mitigated battery degradation, extending the replacement cycle from 8 to 10 years and drastically reducing long-term capital expenditure. A 25-year lifecycle analysis reveals that OBC-PSO attains a maximum Net Present Value (NPV) of 97,639 USD, representing a 98.57% improvement over RBC, while reducing the discounted payback period from 11.71 to 6.74 years. The Levelized Cost of Energy (LCOE) was also reduced from 0.085 to 0.078 USD/kWh. Sensitivity analysis confirms that the proposed tuning-centric OBC approach provides a robust financial buffer against electricity price volatility and BESS cost fluctuations. These findings underscore that rigorous algorithm configuration and initialization are essential for enhancing the commercial viability and reliability of grid-tied prosumer systems in modern smart cities. }, pages = {1442--1455} doi = {10.61435/ijred.2026.62267}, url = {https://ijred.cbiore.id/index.php/ijred/article/view/62267} }
Refworks Citation Data :
This research investigates the techno-economic feasibility of an energy management system (EMS) for a grid-tied photovoltaic-battery energy storage system (PV-BESS) prosumer at a university campus. The study introduces an advanced Optimization-Based Control (OBC) framework, comparing Particle Swarm Optimization (PSO) and Genetic Algorithms (GA) against conventional Rule-Based Control (RBC). A primary contribution is the systematic simultaneous parameter-tuning framework, utilizing a grid-search methodology with 30 independent simulations per configuration to ensure statistically reliable BESS scheduling. Results demonstrate that OBC-PSO and OBC-GA achieved annual net profit improvements of 13.50% and 11.72%, respectively, by effectively leveraging Time-of-Use (TOU) arbitrage. Furthermore, precise optimization significantly mitigated battery degradation, extending the replacement cycle from 8 to 10 years and drastically reducing long-term capital expenditure. A 25-year lifecycle analysis reveals that OBC-PSO attains a maximum Net Present Value (NPV) of 97,639 USD, representing a 98.57% improvement over RBC, while reducing the discounted payback period from 11.71 to 6.74 years. The Levelized Cost of Energy (LCOE) was also reduced from 0.085 to 0.078 USD/kWh. Sensitivity analysis confirms that the proposed tuning-centric OBC approach provides a robust financial buffer against electricity price volatility and BESS cost fluctuations. These findings underscore that rigorous algorithm configuration and initialization are essential for enhancing the commercial viability and reliability of grid-tied prosumer systems in modern smart cities.
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