@article{27519,
  keywords = {Distributed Generation (DG), Microgrids, Batteries, Photovoltaic cells, Mixed integer linear programming (MILP)},
  author = {Tim Schittekatte and Michael Stadler and Gonçalo Cardoso and Salman Mashayekh and Sankar Narayanan},
  title = {The Impact of Short-term Stochastic Variability in Solar Irradiance on Optimal Microgrid Design},
  abstract = {<p>This paper proposes a new methodology to capture the impact of fast moving clouds on utility power demand charges observed in microgrids with photovoltaic (PV) arrays, generators, and electrochemical energy storage. It consists of a statistical approach to introduce sub-hourly events in the hourly economic accounting process. The methodology is implemented in the Distributed Energy Resources Customer Adoption Model (DER-CAM), a state of the art mixed integer linear model used to optimally size DER in decentralized energy systems. Results suggest that previous iterations of DER-CAM could undersize battery capacities . The improved model depicts more accurately the economic value of PV as well as the synergistic benefits of pairing PV with storage.</p>},
  year = {2016},
  journal = {IEEE Transactions on Smart Grid},
  volume = {PP},
  month = {07/2016},
  publisher = {IEEE},
  issn = {1949-3053},
  doi = {10.1109/TSG.2016.2596709},
}