Assessing the Performance and Impact of PV Technologies on Storage in Hybrid Renewable Systems

Abstract

Traditional monofacial photovoltaic (mPV) systems are commonly adopted and well-documented because of their lower upfront costs in comparison to bifacial photovoltaic (bPV) systems. This study investigates how PV technologies impact energy storage in grid-scale hybrid renewable systems, focusing on optimizing and assessing the performance of mPV and bPV technologies integrated with pumped storage hydropower. Using Ludington City, Michigan as a case study and analyzing realworld data such as solar irradiance, ambient temperature, and utility-scale load profiles, the research highlights the operational and economic benefits of bPV systems. The results reveal that bPV systems can pump approximately 10.38% more water annually to the upper reservoir while achieving a lower levelized cost of energy ($0.0578/kWh for bPV vs. $0.0672/kWh for mPV). This study underscores the outstanding potential of bPV systems in enhancing energy storage and management strategies, contributing to a more sustainable and resilient renewable energy future.