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Energy storage technologies, store energy either as electricity or heat/cold, so it can be used at a later time. With the growth in electric vehicle sales, battery storage costs have fallen rapidly due to economies of scale and technology improvements.
Small-scale lithium-ion residential battery systems in the German market suggest that between 2014 and 2020, battery energy storage systems (BESS) prices fell by 71%, to USD 776/kWh.
Hence, the cost-efficient size of the battery energy storage system increases as the battery market prices drop equal to 2 kWh for the scenario in which the battery system’s market price is equal to 200 €/kWh and reaches over 8 kWh when the market prices ideally drop to around 100 €/kWh.
The 2020 Cost and Performance Assessment provided installed costs for six energy storage technologies: lithium-ion (Li-ion) batteries, lead-acid batteries, vanadium redox flow batteries, pumped storage hydro, compressed-air energy storage, and hydrogen energy storage.
The main objective of the proposed work is to develop a DVR integrated with a 23-level multilevel inverter to enhance the power quality. In addition, an improved INC-MPPT technique is designed for the boost converter for maximum energy extraction from the solar PV modules.
To mitigate this constraint, a feasible solution involves integrating the solar system with the electrical grid through a multilevel inverter. This approach presents numerous benefits, such as diminished harmonic distortion, decreased switching losses, and enhanced electromagnetic compatibility 16, 17, 18.
In this article, a solar PV integrated DVR with a novel multilevel inverter is introduced to address the power quality issues in the grid. The main objective of the proposed work is to develop a DVR integrated with a 23-level multilevel inverter to enhance the power quality.
The use of filters in systems has increased due to the significant improvement in power quality at the inverter output and the power delivered to the loads or the grid as a result of reducing the ripple factor on the DC side.