Md. Tanjil Sarker, Mohammed Hussein Saleh Mohammed Haram, Siow Jat Shern, Gobbi Ramasamy, Fahmid Al Farid
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引用次数: 0
Abstract
The potential of renewable energy sources to lower greenhouse gas emissions and lessen our reliance on fossil fuels has accelerated their integration globally, and especially that of solar photovoltaic (PV) systems. Malaysia has shown great progress in the adoption of photovoltaic systems thanks to its plentiful solar resources. On the other hand, energy storage systems (ESSs) are becoming more and more necessary in order to guarantee grid stability and fully realize the benefits of PV systems. This study attempts to assess the current condition of PV installations in Malaysia with an emphasis on their economic feasibility, regulatory compliance, technological capabilities, and compatibility with various energy storage technologies. Malaysian photovoltaic (PV) systems’ readiness to integrate energy storage systems (ESSs) using second-life electric vehicle batteries (SLEVBs) is examined in this article. Integrating PV systems with SLEVBs in residential ESSs shows economic viability, with a 15-year payback and 25% return on investment (ROI). Therefore, for every 1 MW of installed PV capacity, with ESS integration it is estimated to reduce approximately 3504 metric tons of CO2 emissions annually in Malaysia. The homeowner benefits from large electricity bill savings, net metering revenue, and various incentives or financing alternatives that make the project financially attractive despite the extended payback time. Energy storage solutions are needed to improve grid stability, energy usage, and solar power generation in Malaysia as renewable energy adoption increases. Reusing retired EV batteries for stationary storage could solve environmental and economic issues. This study examines the feasibility, regulatory frameworks, and economic viability of combining second-life EV batteries with PV installations in Malaysia.
期刊介绍:
ACS Applied Electronic Materials is an interdisciplinary journal publishing original research covering all aspects of electronic materials. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrate knowledge in the areas of materials science, engineering, optics, physics, and chemistry into important applications of electronic materials. Sample research topics that span the journal's scope are inorganic, organic, ionic and polymeric materials with properties that include conducting, semiconducting, superconducting, insulating, dielectric, magnetic, optoelectronic, piezoelectric, ferroelectric and thermoelectric.
Indexed/Abstracted:
Web of Science SCIE
Scopus
CAS
INSPEC
Portico