It is equal to RM 11.67 Million for AвЂ‰=вЂ‰60%, while it is equal to RM 13.5 Million with AвЂ‰=вЂ‰5%. The difference between the two locations is comparatively higher for 50-MW projects. On the economical side, with a difference of 0.06 kWh/m 2/day for the analysis carried out in Pahang and Perak, the difference in net present worth is more than 7.5% of the net present cost. On the other hand, increasing the energy storage output to LSS output ratio, A to 60% results in the increase of LCOE, exceeding RM 0.47/kWh. In this case, 30-MW projects have the cheapest electricity, equal to RM 0.2484/kWh. The lowest values of LCOE are guaranteed with energy storage output to LSS output ratio, AвЂ‰=вЂ‰5%. A comparative study has been done to compare the economic outcomes from different types of projects, with different scales and multiple configurations of large-scale solar PV combined with energy storage. This project aims to determine the most profitable business model of power systems, in terms of PV installed capacity, and energy storage capacity, and power system components.

Although the technical and environmental benefits of such transition have been examined, the profitability of energy storage systems combined with large-scale solar PV has not been studied in Malaysia. Due to the mismatch between the peak of solar energy generation and the peak demand, energy storage projects are essential and crucial to optimize the use of this renewable resource. Large-scale solar is a non-reversible trend in the energy mix of Malaysia.

Homer pro large system