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Optimal Sizing of Photovoltaic System and Battery Storage in Self-Consumption Applications under Contemporary Regulatory Conditions

S. Seme(1,2), J. Počivalnik(1), D. Kuhar(1), B. Stergar(1), E. Simonič(1), K. Sredenšek(1,2)

1. Faculty of Energy Technology, University of Maribor, Krško, Slovenia

2. Faculty of Electrical Engineering and Computer Science, University of Maribor, Maribor, Slovenia


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2026-06-27

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Abstract

Photovoltaic systems integrated with battery storage are increasingly implemented within self-consumption schemes. Nevertheless, system sizing is frequently based on installed capacity limits rather than on a comprehensive techno-economic assessment of long-term performance. This paper investigates the optimal sizing of photovoltaic and battery storage systems for a small industrial consumer operating under current regulatory conditions in Slovenia, where battery storage integration is mandatory due to low-voltage network constraints. Several combinations of photovoltaic system power and battery storage system capacity are evaluated using key economic indicators, including payback period and cumulative profit over a twenty-year operating period. Investment costs are derived from representative market-based component prices, and the national self-consumption billing framework is incorporated into the assessment. The results show that increasing battery storage capacity improves long-term profitability for small photovoltaic installations, while for larger systems, higher storage capacities reduce cumulative profit due to increased investment costs. The findings confirm that minimizing payback period does not necessarily correspond to maximizing long-term profit and emphasize the importance of balanced system sizing.

Key words: photovoltaic system, battery storage system, payback period, optimal sizing, electrical energy production

Published in: Renewable Energies, Environment & Power Quality Journal (REE&PQJ)
ISSUE: Vol. 26. No.4 Pages: 462-466
E-ISSN: 3020-531 X Date of Current Version: 2026-06-27
REF: 378-26 Issue Date: 2026-07-15
DOI:10.24084/reepqj26-378 Publisher: AEDERMACP/ EA4EPQ

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