International Journal of Electrical Engineering and Computer Science
E-ISSN: 2769-2507
Volume 6, 2024
Comparative Analysis of Financial Optimization Scenarios for PV and Battery Storage Integration at Heraklion Port
Authors: , , ,
Abstract: The rapid expansion of renewable energy, driven by reduced installation costs, technological advancements, and political support, necessitates efficient integration strategies. This study presents a comparative analysis of financial optimization scenarios for the integration of photovoltaic (PV) systems and battery storage at Heraklion Port. By evaluating multiple strategies, the research addresses the economic viability, cost-benefit ratios, and payback periods of different configurations. This analysis considers the broader context of increasing pressure on electricity grids and the need for sustainable solutions to manage dispersed renewable production and energy offsetting. The findings aim to provide insights into optimal investment strategies that balance financial performance with energy efficiency, thereby mitigating costs passed on to consumers and supporting the goals of energy transition and sustainability in port infrastructure.
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Pages: 159-164
DOI: 10.37394/232027.2024.6.19