On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes

@article{Pilz2019OnOB,
  title={On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes},
  author={Matthias Pilz and Omar Ellabban and Luluwah Al-Fagih},
  journal={ArXiv},
  year={2019},
  volume={abs/1905.00097}
}
The smart grid with its two-way communication and bi-directional power layers is a cornerstone in the combat against global warming. It allows for the large-scale adoption of distributed (individually-owned) renewable energy resources such as solar photovoltaic systems. Their intermittency poses a threat to the stability of the grid, which can be addressed by the introduction of energy storage systems. Determining the optimal capacity of a battery has been an active area of research in recent… 
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