The electrification of autonomous electrical networks is in most cases described by low quality of electricity available at very high production cost. Furthermore, autonomous electrical networks are subject to strict constraints posing serious limitations on the absorption of renewable energy sources (RES)-based electricity generation. To bypass these constraints and also to secure a more sustainable electricity supply status, the concept of combining photovoltaic (PV) power stations and energy storage systems comprises a promising solution for small scaled autonomous electrical networks, increasing the reliability of the local network as well. In this context, the present study is devoted in developing a complete methodology, able to define the size of an autonomous electricity generation system, based on the maximum available solar potential exploitation at minimum electricity generation cost. In addition special emphasis is given in order to select the most cost-efficient energy storage configuration available. According to the calculation results obtained, one may clearly state that an optimum sizing combination of a PV generator along with an appropriate energy storage system may significantly contribute on reducing the electricity generation cost in several island electrical systems, providing also abundant and high quality electricity without the environmental and macro-economic impacts of the oil-based thermal power stations.
LP Model: A Panacea to Electricity Generation Cost
